PPF Account for Minors
A Public Provident Fund is a long-term savings scheme. Central Government offers this scheme to help Indian residents to invest and build a corpus. It is one of the ideal investment options for several investors for tax-saving purposes. The article...
Post Office Tax Saving Schemes
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...
Ponzi Scheme
How does a Ponzi scheme make money? A Ponzi scheme is an investment scam where the returns for earlier investors are paid from the money collected from later investors. The investors of such schemes are promised high returns with little...
Pradhan Mantri Suraksha Bima Yojana
As we know death due to accidents is very common and at a high rate in India. A death or a disability due to an accident leaves the family of the victim in an unstable situation. On one hand, the...
Pradhan Mantri Jan Dhan Yojana (PMJDY)
Pradhan Mantri Jan Dhan Yojana (PMJDY) is a National Mission for the financial inclusion of the citizens of India. The Government of India launched the Pradhan Mantri Jan Dhan Yojana on 28th August 2014. The sole objective of the scheme...
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Pradhan Mantri Jan Arogya Yojana in India
The progress of a nation depends on the welfare of its people. The government of India accordingly launched several healthcare schemes time and again. However, the aim to strengthen the healthcare framework of the country was not achieved. Similarly, Ayushman...
PMAYG – Pradhan Mantri Awaas Yojana Gramin
What is PMAYG? The development of rural India is equally important for the progress of the nation. Unavailability of resources and poverty has in fact forced people in these areas to live in unhygienic conditions. Enhancing the quality of life...
Pradhan Mantri Awas Yojana (PMAY) – 2023-24
The outlay for PM Awas Yojana is being increased by 66% to over Rs 79,000 crore, says Sitharaman in Budget 2023 What is PMAY? The Pradhan Mantri Awas Yojana (PMAY) - Urban is a Credit Linked Subsidy Scheme launched by...