The FinTech Hub
Source: Live Mint Are you a conservative investor who is looking to invest in some safe financial instrument? If the answer is ‘yes’ then you can, among other instruments, invest in a fixed deposit. Besides FD, one can also explore the prospect of investing in small savings instruments, or post office savings schemes. These schemes…
Source: Live Mint Children’s Day 2024 celebrates the innocence and potential of every child. For parents, the occasion can be an opportunity to rethink their future planning for their kids. Sound planning requires well-calibrated and smart investments in options like mutual funds, fixed deposits and other schemes. Multiple government schemes have been launched for parents…
Source: Live Mint Are you looking to invest in a safe financial instrument for a long term investment? Besides fixed deposit (FD), bonds or debt mutual funds, one can invest in a post office small savings scheme. Among all these options, one of the popular small savings scheme is public provident fund (PPF). Investment in…
Source: Live Mint The Public Provident Fund (PPF) is a highly popular savings scheme that offers a low-risk investment option. As you prepare for Diwali 2024 festivities, consider opening a Public Provident Fund (PPF) account to secure your financial future. However, before you proceed, it’s important to be aware of three significant changes that could…
Source: Live Mint PPF calculator: A Public Provident Fund (PPF) account is a risk-free investment and tax-saving tool backed by the central government. This small savings scheme offers attractive long-term returns. Currently, the PPF interest rate stands at 7.1%. The PPF account has a maturity period of 15 years, but it can be extended indefinitely…
Source: Live Mint Nitin Sawant, founder of NS Wealth, a Sebi-registered investment advisory firm, secured final approval from the Reserve Bank of India (RBI) on 28 October to launch an account aggregator (AA) platform under his new venture, OMS Fintech Account Aggregator. This initiative aims to provide a consumer-focused AA service. Sawant, who began his…
Source: Live Mint If you are looking to invest in small savings instruments, it is vital to know that different financial instruments offer varied interest rates. These instruments are meant for investors who are looking for safe saving options. These financial instruments give assured returns and also enable income tax exemption up to ₹1.5 lakh…
Source: Business Standard 4 min read Last Updated : Oct 15 2024 | 3:25 PM IST Shares of Garware Hi-Tech Films (GHFL) hit a new high of Rs 4,211.05, as they rallied nearly 8 per cent on the BSE in Tuesday’s intra-day trade in an otherwise weak market on expectations of strong earnings. In comparison,…
Source: Business Standard PPF, Public Provident Fund(Photo: Shutterstock) 4 min read Last Updated : Oct 09 2024 | 9:06 AM IST The updated PPF rules that came into effect from 1 October, 2024 aim to regularise small savings schemes. Whether you are managing a minor’s PPF account, holding multiple PPF accounts, or an NRI…
Source: Business Standard 2 min read Last Updated : Oct 01 2024 | 1:41 PM IST The Finance Ministry on Monday kept interest rates of small saving schemes unchanged for the October-December 2024 quarter, with Sukanya Samriddhi and Senior Citizen Savings Scheme offering 8.2 per cent interest rate. Click here to connect…
