Skip to main content

Hindsight of Investing in Tax Free Bonds!

Ramesh is worried about to make fresh investment as interest rates going southwards, which is bad news for many savers , including senior citizens. Being a conservative investor, he has never looked beyond fixed deposits for his savings. Ramesh keeps evaluating bank FD interest rates for locking his funds for more than five years. But […]

Differential interest rates on fixed deposits with early withdrawal option

Rich individuals and pensioners, who don’t mind keeping their large sum of money in fixed deposits for a fixed term, will get benefit for higher interest by opting without premature withdrawal option. RBI has directed to all banks to offer differential interest rates for fixed deposits by giving the option to choose between term deposits […]

Sukanya Samriddhi Scheme may not be suitable for everyone!

There have been a lot of discussion happening and reviewing about the Sukanya Samriddhi Scheme. The scheme envisages to motivate parents to augment their savings for specific goals such as the daughter’s education and marriage. The scheme primarily highlights giving a tax-free relatively high interest rate 9.2% p.a. among all other saving schemes which is […]

How can reap the tax-free interest from NSC?

‘Old is gold’, this adage is very much true about the National Saving Certificate (NSC) which has been a favorite investment option for every conservative investors, even from a tax-saving point of view. Though, it has been losing its shine in compare with other investment options available like PPF, ELSS, and unit-linked insurance plans, this […]