The FinTech Hub
Source: Live Mint Conservative investors who refrain from investing in equity tend to invest in financial instruments that give assured returns. These instruments include post office schemes or small savings schemes. There are a number of small savings schemes that offer tax benefits along with assured returns to investors. Investments in these schemes not only…
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 The Ministry of Finance has released new guidelines for regularising irregular accounts across various small savings schemes. These guidelines apply to multiple accounts, including NSS-87, PPF accounts for minors, and Sukanya Samriddhi schemes. All post offices and financial institutions must follow these procedures to ensure compliance and efficiency. This update was officially…
