Sukanya Samriddhi Yojana (SSY) is a government-backed savings scheme aimed at promoting the welfare of the girl child in India. The scheme was launched in 2015 under the Beti Bachao, Beti Padhao campaign, and offers an attractive interest rate, tax benefits, and a long-term savings option for parents/guardians looking to secure the future of their
Investing in a PPF or Public Provident Fund is one of the safest and most popular ways to save money for the long-term in India. It is a government-backed scheme that offers an attractive interest rate and tax benefits, making it an ideal investment option for individuals who want to save for their future financial
The National Pension Scheme (NPS) is a voluntary, contribution-based retirement savings scheme launched by the Government of India in 2004. The scheme was introduced to provide a sustainable and long-term solution for the retirement needs of citizens of India. Under the NPS, individuals can contribute regularly towards their retirement and build a corpus over time.
Investing is a great way to grow your wealth over time. However, it can be difficult to estimate the returns on your investments. This is where the Rule of 72 comes in handy. In this blog post, we will explore what the Rule of 72 is and how it can help you estimate investment returns.
A recession is an economic contraction that occurs when there is a significant decline in economic activity. During a recession, businesses may experience lower sales, and individuals may face job losses, decreased wages, and reduced consumer spending. Recession can be caused by various factors, such as a financial crisis, global economic downturns, or a decline
Investing in the stock market can be a great way to build wealth over the long term, but it’s important to have a solid understanding of the top investment rules to follow before putting your money to work. Here are some of the most important investment rules to keep in mind when investing in the
Real Estate Investment Trusts (REITs) are a popular investment option worldwide. In India, the Securities and Exchange Board of India (SEBI) introduced REITs in 2014 to allow investors to invest in the real estate market without owning the physical assets. REITs are regulated entities that pool money from investors to invest in income-generating real estate
In recent years, the financial landscape in India has witnessed a revolutionary development with the emergence of Peer-to-Peer (P2P) lending platforms. These platforms have disrupted traditional lending methods by connecting borrowers directly with lenders, eliminating the need for intermediaries like banks. P2P lending holds great promise in fostering financial inclusion, providing alternative investment options, and
Investing in rental property can be a great way to generate passive income. With the right property and management, you can create a reliable source of cash flow that requires little effort on your part. Here are some steps to follow if you want to make passive income with rental property. Choose the right property
Investing can be an excellent way to grow your wealth over time, but it’s not without its risks. Making mistakes in your investment decisions can lead to significant financial losses. To help you avoid these mistakes, we’ve put together a list of five common investing mistakes to avoid. Not having a clear investment plan One