Saving Schemes Articles

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...

National Pension Scheme (NPS) is an initiative by the Central Government of India for employees in private, public, and unorganised sectors. This is a voluntary scheme where any investor can choose to invest at regular intervals. Investors are allowed to...

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...

Indian Post offers a plethora of investment and savings schemes for a variety of investors, including individuals, a girl child. All the Post office investment schemes guarantee returns as the Government of India backs it. Moreover, few the post office...

What is the Digital India Scheme? The Digital India scheme is the government of India's flagship initiative, with the goal of transforming India into a digitally enabled society and knowledge economy. On July 3, 2015, the Digital India program (1.13...

Employee Provident Fund is a compulsory saving plus retirement scheme. EPF comprises of two contributions: Employee's Contribution and Employer's Contribution. Employees must contribute 12% of their basic pay every month towards the EPF account as per the EPF norms. The...

A Permanent Account Number, abbreviated as PAN, is a 10-digit unique alphanumeric number assigned to you for investments, tax payments, and other financial activities. The Income Tax Department provides you with a document known as a PAN Card. While applying...

What is Samagra Shiksha Scheme? The Union Budget, 2018-19, has proposed to treat school education holistically without segmentation from pre-nursery to Class 12. As a result, Samagra Shiksha - an encompassing program for the school education sector spanning pre-school to...