This document summarizes the Public Provident Fund (PPF) and National Savings Certificate (NSC) investment options available in India. The PPF allows minimum annual investments of Rs. 500 up to Rs. 100,000 and offers an interest rate of 8.7% over 15 years. It qualifies for tax benefits and allows loans. The NSC is available in Post Offices and offers interest rates of 8.5% over 5 years for NSC VIII and 8.8% over 10 years for NSC IX, both qualifying for tax benefits under Section 80C. NSCs have no maximum investment limit and are available in denominations from Rs. 100 to Rs. 10,000.
Find which are 5 best instruments for saving tax under section 80c of income tax act. Check what are most important things to check before investing for saving taxes
The National Pension Scheme is a Defined Contribution Scheme that was set up in 2004 for all Government Employees and was open to the general public in May 2009. It is a social security benefit to create a retirement corpus to meet post retirement income needs, initiated by the Government of India in association with the Pension Regulatory Development Authority.
Find which are 5 best instruments for saving tax under section 80c of income tax act. Check what are most important things to check before investing for saving taxes
The National Pension Scheme is a Defined Contribution Scheme that was set up in 2004 for all Government Employees and was open to the general public in May 2009. It is a social security benefit to create a retirement corpus to meet post retirement income needs, initiated by the Government of India in association with the Pension Regulatory Development Authority.
How to file form-1 (equalization levy) on new income-tax portal?Ankitasahu60
On or before the 30th of June immediately following the financial year, the statement in Form No.1 in respect of all the specified services chargeable to the equalization levy must be given.
The equalization levy would be 6% of the amount of consideration for specified services received or receivable by a non-resident not having a permanent establishment ('PE') in India, from an Indian resident carrying on business or profession, or from a non-resident having a permanent establishment in India.
We are the provider of national pension scheme details and return related to government and retirement pension scheme. We also provide services for monthly and new pension scheme in India.
For more details please visit: http://fintrackindia.com/nps.html
Indira gandhi national old age pension schemeanjalatchi
Indira Gandhi National Old Age Pension Scheme (IGNOAPS), earlier called as "National Old Age Pension Scheme (NOAPS)" is a social sector scheme and forms part of the National Social Assistance Programme (NSAP) which came into effect from 15th August, 1995. This scheme provides social assistance for the old age persons.
The PFRDA (Pension Fund Regulatory and Development Authority) governs the National Pension System (NPS), which is a retirement pension programme established by the Government of India to provide subscribers with a regular income after retirement. NPS also helps you in getting Tax benefits in 2021.
It may be a smart choice for you because of the low minimum commitment and higher returns for retirement planning.
The financial year is coming to an end and so you must determine where to invest so as to get optimum return and tax benefits. Even though the primary objective is to save taxes you also want that your investments earn good returns. This article is an attempt to analyze the various tax saving investments available and the annual returns that it earns.
How to file form-1 (equalization levy) on new income-tax portal?Ankitasahu60
On or before the 30th of June immediately following the financial year, the statement in Form No.1 in respect of all the specified services chargeable to the equalization levy must be given.
The equalization levy would be 6% of the amount of consideration for specified services received or receivable by a non-resident not having a permanent establishment ('PE') in India, from an Indian resident carrying on business or profession, or from a non-resident having a permanent establishment in India.
We are the provider of national pension scheme details and return related to government and retirement pension scheme. We also provide services for monthly and new pension scheme in India.
For more details please visit: http://fintrackindia.com/nps.html
Indira gandhi national old age pension schemeanjalatchi
Indira Gandhi National Old Age Pension Scheme (IGNOAPS), earlier called as "National Old Age Pension Scheme (NOAPS)" is a social sector scheme and forms part of the National Social Assistance Programme (NSAP) which came into effect from 15th August, 1995. This scheme provides social assistance for the old age persons.
The PFRDA (Pension Fund Regulatory and Development Authority) governs the National Pension System (NPS), which is a retirement pension programme established by the Government of India to provide subscribers with a regular income after retirement. NPS also helps you in getting Tax benefits in 2021.
It may be a smart choice for you because of the low minimum commitment and higher returns for retirement planning.
The financial year is coming to an end and so you must determine where to invest so as to get optimum return and tax benefits. Even though the primary objective is to save taxes you also want that your investments earn good returns. This article is an attempt to analyze the various tax saving investments available and the annual returns that it earns.
Best Guide For Tax-Savings | Canara HSBC Life InsuranceSamJackson99
Know More About Tax-Savings With This Guide Provided By Canara HSBC Life Insurance. Learn How To Get The Maximum Benefits For A Better Financial Planning
Ultimate Guide For Tax-Savings | Canara HSBC Life InsuranceSamJackson99
Learn How To Get The Maximum Benefits For A Better Financial Planning. Know More About Tax-Savings With This Guide Provided By Canara HSBC Life Insurance.
Planning for retirement is akin to nurturing a sapling. It takes considerable time for the seedling to morph into a tree and for you to reap its many benefits. The National Pension System (NPS) is a retirement-specific investment plan that gives your regular pension in your retirement years. What's more, you can also reduce your tax liabilities with NPS investments.
NPS is an easily accessible, low cost, tax-efficient, flexible and portable retirement savings
account. NPS will help you to in building retirement corpus in tax efficient way. This presentation gives your fair details about NPS. Any Indian citizen having age between 18 to 70 can open NPS account.
Non-residential Indians (NRIs) have played an important role in the economy of India and they contribute to foreign direct investment (FDI) to our country's economy. We have curated top investment options for NRIs in India.
The deck consists of the below topics:
1) Who is an NRI?
2) Why is it Profitable to Invest in India?
Be Clear About Your Financial Goals
3) Investment Option 1 – Bank Fixed Deposits
4) Investment Option 2 – Mutual Funds or Direct Equity
5) Investment Option 3 – Real Estate
6) Investment Option 4 – Investment in Bonds/ Government Securities
7) Investment Option 5 – National Pension Scheme (NPS)
Hope you liked the content, do share with all your NRI relatives and friends!
Tax Saving Guide for FY 2015-16 (AY 2016-17)Apnaplan.com
eBook on Tax Planning for FY 2015-16. Covers all tax exemptions available to tax payers in India. Updated according to Budget 2015 with latest Tax Calculator.
how to sell pi coins in South Korea profitably.DOT TECH
Yes. You can sell your pi network coins in South Korea or any other country, by finding a verified pi merchant
What is a verified pi merchant?
Since pi network is not launched yet on any exchange, the only way you can sell pi coins is by selling to a verified pi merchant, and this is because pi network is not launched yet on any exchange and no pre-sale or ico offerings Is done on pi.
Since there is no pre-sale, the only way exchanges can get pi is by buying from miners. So a pi merchant facilitates these transactions by acting as a bridge for both transactions.
How can i find a pi vendor/merchant?
Well for those who haven't traded with a pi merchant or who don't already have one. I will leave the telegram id of my personal pi merchant who i trade pi with.
Tele gram: @Pi_vendor_247
#pi #sell #nigeria #pinetwork #picoins #sellpi #Nigerian #tradepi #pinetworkcoins #sellmypi
Financial Assets: Debit vs Equity Securities.pptxWrito-Finance
financial assets represent claim for future benefit or cash. Financial assets are formed by establishing contracts between participants. These financial assets are used for collection of huge amounts of money for business purposes.
Two major Types: Debt Securities and Equity Securities.
Debt Securities are Also known as fixed-income securities or instruments. The type of assets is formed by establishing contracts between investor and issuer of the asset.
• The first type of Debit securities is BONDS. Bonds are issued by corporations and government (both local and national government).
• The second important type of Debit security is NOTES. Apart from similarities associated with notes and bonds, notes have shorter term maturity.
• The 3rd important type of Debit security is TRESURY BILLS. These securities have short-term ranging from three months, six months, and one year. Issuer of such securities are governments.
• Above discussed debit securities are mostly issued by governments and corporations. CERTIFICATE OF DEPOSITS CDs are issued by Banks and Financial Institutions. Risk factor associated with CDs gets reduced when issued by reputable institutions or Banks.
Following are the risk attached with debt securities: Credit risk, interest rate risk and currency risk
There are no fixed maturity dates in such securities, and asset’s value is determined by company’s performance. There are two major types of equity securities: common stock and preferred stock.
Common Stock: These are simple equity securities and bear no complexities which the preferred stock bears. Holders of such securities or instrument have the voting rights when it comes to select the company’s board of director or the business decisions to be made.
Preferred Stock: Preferred stocks are sometime referred to as hybrid securities, because it contains elements of both debit security and equity security. Preferred stock confers ownership rights to security holder that is why it is equity instrument
<a href="https://www.writofinance.com/equity-securities-features-types-risk/" >Equity securities </a> as a whole is used for capital funding for companies. Companies have multiple expenses to cover. Potential growth of company is required in competitive market. So, these securities are used for capital generation, and then uses it for company’s growth.
Concluding remarks
Both are employed in business. Businesses are often established through debit securities, then what is the need for equity securities. Companies have to cover multiple expenses and expansion of business. They can also use equity instruments for repayment of debits. So, there are multiple uses for securities. As an investor, you need tools for analysis. Investment decisions are made by carefully analyzing the market. For better analysis of the stock market, investors often employ financial analysis of companies.
Even tho Pi network is not listed on any exchange yet.
Buying/Selling or investing in pi network coins is highly possible through the help of vendors. You can buy from vendors[ buy directly from the pi network miners and resell it]. I will leave the telegram contact of my personal vendor.
@Pi_vendor_247
when will pi network coin be available on crypto exchange.DOT TECH
There is no set date for when Pi coins will enter the market.
However, the developers are working hard to get them released as soon as possible.
Once they are available, users will be able to exchange other cryptocurrencies for Pi coins on designated exchanges.
But for now the only way to sell your pi coins is through verified pi vendor.
Here is the telegram contact of my personal pi vendor
@Pi_vendor_247
How to get verified on Coinbase Account?_.docxBuy bitget
t's important to note that buying verified Coinbase accounts is not recommended and may violate Coinbase's terms of service. Instead of searching to "buy verified Coinbase accounts," follow the proper steps to verify your own account to ensure compliance and security.
The secret way to sell pi coins effortlessly.DOT TECH
Well as we all know pi isn't launched yet. But you can still sell your pi coins effortlessly because some whales in China are interested in holding massive pi coins. And they are willing to pay good money for it. If you are interested in selling I will leave a contact for you. Just telegram this number below. I sold about 3000 pi coins to him and he paid me immediately.
Telegram: @Pi_vendor_247
If you are looking for a pi coin investor. Then look no further because I have the right one he is a pi vendor (he buy and resell to whales in China). I met him on a crypto conference and ever since I and my friends have sold more than 10k pi coins to him And he bought all and still want more. I will drop his telegram handle below just send him a message.
@Pi_vendor_247
The European Unemployment Puzzle: implications from population agingGRAPE
We study the link between the evolving age structure of the working population and unemployment. We build a large new Keynesian OLG model with a realistic age structure, labor market frictions, sticky prices, and aggregate shocks. Once calibrated to the European economy, we quantify the extent to which demographic changes over the last three decades have contributed to the decline of the unemployment rate. Our findings yield important implications for the future evolution of unemployment given the anticipated further aging of the working population in Europe. We also quantify the implications for optimal monetary policy: lowering inflation volatility becomes less costly in terms of GDP and unemployment volatility, which hints that optimal monetary policy may be more hawkish in an aging society. Finally, our results also propose a partial reversal of the European-US unemployment puzzle due to the fact that the share of young workers is expected to remain robust in the US.
Poonawalla Fincorp and IndusInd Bank Introduce New Co-Branded Credit Cardnickysharmasucks
The unveiling of the IndusInd Bank Poonawalla Fincorp eLITE RuPay Platinum Credit Card marks a notable milestone in the Indian financial landscape, showcasing a successful partnership between two leading institutions, Poonawalla Fincorp and IndusInd Bank. This co-branded credit card not only offers users a plethora of benefits but also reflects a commitment to innovation and adaptation. With a focus on providing value-driven and customer-centric solutions, this launch represents more than just a new product—it signifies a step towards redefining the banking experience for millions. Promising convenience, rewards, and a touch of luxury in everyday financial transactions, this collaboration aims to cater to the evolving needs of customers and set new standards in the industry.
how to sell pi coins on Bitmart crypto exchangeDOT TECH
Yes. Pi network coins can be exchanged but not on bitmart exchange. Because pi network is still in the enclosed mainnet. The only way pioneers are able to trade pi coins is by reselling the pi coins to pi verified merchants.
A verified merchant is someone who buys pi network coins and resell it to exchanges looking forward to hold till mainnet launch.
I will leave the telegram contact of my personal pi merchant to trade with.
@Pi_vendor_247
3. • Provident Fund
– Small portion of the employees salary which is
deducted and deposited with the government PF
office and at the time of retirement it is paid as a
lump sum to help the employee to lead his life
peacefully in spite of retirement and loss of
monthly income.
• Public Provident Fund
– Savings cum tax saving instrument. It also serves
as a retirement planning tool for many of those
who do not have any structured pension plan.
4. Features
• Ideal investment option for both salaried as well
as self employed classes residents of India only.
• The account can be opened in designated post
offices, State Bank of India branches and
branches of some nationalized banks.
• The maturity period of the account is 15 years.
• Minimum investment in PPF is Rs 500 and
maximum is Rs 1,00,000 in a financial year.
• Investment up to INR. 1,00,000 per annum
qualifies for IT Rebate under section 80 C of IT
Act.
5. • The rate of interest on the subscriptions made
to the fund is 8.70% per annum.
• Loan facility available from 3rd financial year
upto 5th financial year and the rate of interest
charged on it is 2%.
• Withdrawal permitted from 6th financial year.
• Non-Resident Indians (NRIs) are not eligible
for PPF.
7. • To have the cake and eat it too is a popular
figure of speech, which is true when it comes
to NSC investments. You can have the best of
both the worlds, with assured returns and tax
benefits on invest.
8. • National Savings Certificate
– National Savings Certificates (NSC) are certificates
issued by Department of post, Government of
India and are available at all post office counters in
the country.
• Types of NSCs
– NSC VIII Issue
– NSC IX Issue
9. NSC VIII Issue
• Scheme specially designed for Government employees,
Businessmen and other salaried classes who are
Income Tax assesses.
• No maximum limit for investment.
• No Tax deduction at source.
• Certificates can be kept as collateral security to get
loan from banks.
• Investment up to INR 1,00,000/- per annum qualifies
for IT Rebate under section 80C of Income Tax Act.
• Trust and HUF cannot invest.
• Rate of interest 8.50%.
• Maturity value of a certificate of INR.100/- purchased
on or after 1.4.2012 shall be INR. 151.62 after 5 years.
10. NSC IX Issue
• No maximum limit for investment.
• Minimum INR. 100/- No maximum limit available
in denominations of INR. 100/-, 500/-, 1000/-,
5000/- & INR. 10,000/-.
• A single holder type certificate can be purchased
by an adult for himself or on behalf of a minor or
to a minor.
• Rate of interest 8.80%.
• Maturity value of a certificate of INR.100/-
purchased on or after 1.4.2012 shall be INR.
236.60 after 10 years.