Skip to main content

Posts

Showing posts with the label Sukanya Samriddhi Yojana

Featured Post

How to Pick Mutual Funds That Beat the Market

  Smart Strategies for Investing in Mutual Funds: A Guide to Maximising Your Returns One of the most well-liked investing options for people looking for expert management and diversification without having to choose individual equities is a mutual fund. One of the easiest ways for people to accumulate wealth over time is through mutual fund investments. Mutual funds combine the capital of numerous individuals to invest in a diverse portfolio of stocks, bonds, and other securities, in contrast to direct stock market investing, which necessitates considerable time, study, and risk tolerance. Mutual funds are a well-liked option for both new and experienced investors due to their expert management and diversification. But merely investing in a mutual fund and crossing your fingers seldom yields the best outcomes. A comprehensive approach that matches the appropriate fund selection and management strategies with your financial objectives, risk tolerance, and investment timeline is nece...
Post a Comment
Read more

Settle by July 31, these 5 important tasks like investing and submitting Form 15G / 15H to get tax exemption

Due to the lockdown implemented in the country due to Corona, people are facing many problems. In view of this, the government changed the last dates of several financial operations. The last date for these operations was extended until 31 July. In such a situation, if you have not done these tasks till now, then you must definitely tackle them by July 31, otherwise, you may have problems. We are telling you about these works.   In order to get a tax exemption, the Income Tax Department had extended the last date of filing ITR from 31 July to 30 November for the investment fiscal 2019-20. At the same time, to save tax, the deadline for investing under Section 80C, 80D, 80E of income tax was extended till 31 July. If you have not invested anywhere yet for tax saving, do it as soon as possible.   Submit Form 15G / 15H, Form 15G / 15H is filled to avoid TDS deducted on income tax. Due to the coronavirus lockdown, the government has extended its date to 31 July 2020. Form ...
Post a Comment
Read more

Small savings schemes including PPF, Sukanya Samriddhi Yojana and Recurring Deposit will not have to pay penalty for delayed installment

Lockdown has been carried out across the country to prevent coronaviruses, causing people little difficulty in doing their daily chores. To reduce this problem, the Department of Posts has decided not to take a penalty for non-deposit of the minimum amount within the stipulated period in small saving schemes including PPF. According to the India Post website, schemes like Public Provident Fund, Recurring Deposit and Sukanya Samriddhi Yojana can now have a minimum deposit of up to June 30 without penalty. According to the India Post website, there is a default fee of 1 rupee for every 100 rupees. According to the department, "Subscribers to RD / PPF / SSY account can deposit the required amount by June 30. No penalty will be charged for this. However, if you are among those who have not yet deposited the minimum amount required, then it should be noted that penalty will not be taken for 2019-20 and April 2020. However, if you do not invest in time in May, you will ...
Post a Comment
Read more