Investment India Archives – बैंक India — Indian Banks News & Tutorials

10 Best Retirement Investment Options in India

Jun 10, 2015 Suraj Tandon 3

A whole new life starts after a person gets retired. New schedule to do things, a whole new financial situation, and all. Those who wish to live a happy life free from financial troubles, always opt for lucrative investment options during their work period. There are many attractive tax free schemes available in India. Quite fortunately, not only during one’s work period, but after retirement also, the investment options available are quite good to opt for. There are many incredible investment options in India . It may take time for you to search for the one best meant for you. If you want to stay away from that tedious task of folding pages of web, then simply read out this article. It covers top 10 retirement investment options in India. 1. Senior Citizens Saving Scheme There is Senior Citizens Saving Scheme that is particularly meant to help senior citizens save the money while availing maximum benefits. You can deposit upto 15 lakh amount, in multiples of 1000. Minimum age for investment is 60 years. It’s 55 years for all those retired under superannuation or special voluntary scheme. The Premature closing is available after 1 year of opening the account, but […]

8 Attractive Tax Free Investment Schemes in India

Jan 12, 2015 Rajeesh Nair 2

Today every other individual is searching for tax-free investments but most of them end up choosing the wrong tax saving schemes. This happens because there’s a flurry of different tax saving financial investment schemes available in the market today. In order to choose the best of the lot, you need an efficient financial planning and a strategic approach. You can save a lot of your tax money if you have a smart financial investment plan under your sleeve. Investing your money with proper financial planning and smart approach can fetch you great returns. Let me give you a list of 8 smart tax saving investments that you must opt to earn a maximum return without losing a lot of money on tax. 1. Public Provident Fund (PPF) On the top of the list is Public Provident Fund (PPF). Highly recommended by Government of India, the PPF scheme offers great interest rates and returns that qualify for 100% tax exemptions. The Public Provident Fund (PPF) is ideal for investors, self-employed professionals and other employees who are not covered under any Employees Provident Fund or other benefits. Deposits made to Public Provident Fund are tax deductible in India under Section 80C of […]