Saving Schemes Articles

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 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...

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...

About Post Office Recurring Deposit The Government of India announced the National Saving Recurring Deposit Scheme under notification number G.S.R. 918(E). The Government of India regulates and manages the Post Office Recurring Deposit. The intent of this scheme is to...

The Indian Postal System is one of the few organisations in our country that reach even the remote parts. This is a key reason why the organisation has been forefront in delivery services. These services range from insurance and banking...

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...

What is POMIS? Post Office Monthly Income Scheme (POMIS) is a monthly savings scheme regulated by the Department of Post (DOP). The Central Government of India governs this savings scheme. It intends to provide a monthly income for small and...

About PNB Recurring Deposit Scheme Punjab National Bank recurring deposit scheme is an investment scheme that allows investors to invest in small amounts for a fixed tenure. The tenure of PNB RDs ranges between 6 months and ten years. The...