A Voluntary Provident Fund (VPF) is a regular provident fund plan in which a depositor can choose how much he wants to contribute to the fund on a regular basis. VPF has a five year lock-in period. The National Pension...

Universal Account Number (UAN) is a 12 digit unique number that the Ministry of Employment and Labour issues under the Government of India. The UAN is useful to access various facilities on the Employees’ Provident Fund Organisation (EPFO) portal. The...

Universal Account Number (UAN) is a 12-digit unique number that EPFO assigns to every employee. This number remains the same throughout the employment tenure of an individual. All the PF contributions from various jobs can be managed with one UAN....

Gold is an asset that holds emotional and social value in India. It is the most coveted asset that is also considered an auspicious investment. But holding physical gold comes with its own set of risks and costs. Hence, the...

The small savings scheme interest rates are decided by the Ministry of Finance every quarter. The interest rates of small saving schemes are announced every quarter. This article covers various small savings schemes and small savings scheme interest rates in...

PM Narendra Modi announced the Retail Direct Scheme that aims to increase retail investor participation across government securities. Retail investors have to open a Retail Direct Gilt (RDG) Account with the Reserve Bank of India on their Official Website. Also,...

Public Provident Fund is a post office saving scheme that is launched by the Government of India to encourage saving among Indian residents. It has a fixed lock-in period of 15 years and currently has an interest of 7.1% per...

Post Office Tax Saving Schemes are good investment options that offer guaranteed income. Moreover, investments in these schemes qualify for tax exemption under Section 80C of the Income Tax Act, 1961. Since the Government of India backs the schemes, the...