Saving Schemes Articles

Provident Fund is a traditional and popular savings scheme in India. There are three types of Provident Fund in India - General Provident Fund (GPF), Public Provident Fund (PPF) and Employees Provident Fund (EPF). However, the features, contributions, benefits and...

What are government securities in India? Government securities are either treasury bonds, bills or dated securities issued by the central government or bonds and dated securities issued by the state government. This kind of investment is issued by the government...

The Government of India, at all levels, announces welfare schemes for a diverse group of people on a regular basis. These schemes could be central, state-specific, or a cooperative effort between the central government and the state governments. The intent...

The Central Government Schemes for girl child have been launched across India with the goal of improving the social attitude toward female children in India. These schemes also aim at elevating their status in society. Several central government initiatives, saving...

Bonds are debt instruments in which the investor loans money to an entity. The entity borrows money at a fixed interest rate for a specific time duration. Such an entity can be government, banks or corporates. Hence, when the government...

The Foreign Account Tax Compliance Act or FATCA is a tax law introduced in the US to curb tax evasion and increase transparency between countries with respect to US taxpayers' income from foreign countries. All US taxpayers have to be...

Certain public and private sector companies have their own PF trusts to manage employee contributions. These companies manage the contributions instead of sending them to the EPFO. Such companies are known as Exempted PF Trusts. Exempted PF Trust Contributions In...

Employee State Insurance (ESI) is for Indian workers. Under the scheme, the workers get a variety of medical, monetary and other benefits. Both the employer and employee contributions towards the scheme. Employee State Insurance Corporation (ESIC) manages the insurance scheme....