Monthly Income Scheme
Different possibilities are available in investment plans, allowing consumers to significantly improve their income. Before spending money, however, one should give them a closer look. Anyone seeking a guaranteed income should look for programmes with no or little risks. This, in turn, opens up opportunities to considerably reduce losses and other issues, ensuring mental tranquilly. […]
7 Reasons to invest in ELSS
There are various tax savings options available out there under section 80C of the Income Tax Act, equity-linked savings schemes (ELSS) have emerged as one of the most popular options. ELSS is a tax-saving mutual fund with a three-year lock-in period, where investments are made in equity-related instruments. For long-term investors, choosing ELSS over other […]
Senior Citizen Savings Scheme (SCSS)
A Senior Citizens’ Saving Scheme (SCSS) is a government-backed retirement benefits programme. Senior citizens resident in India can invest a lump sum in the scheme, individually or jointly, and get access to regular income along with tax benefits. Senior Citizens Savings Schemes can be availed by any individual above the age of 60 years. They […]