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Further, the monthly income of the worker should be below ₹ 15,000 (US$180). Under the scheme, the subscriber will receive a minimum assured pension of ₹ 3,000 (US$36) per month after attaining the age of 60 years. However, to benefit from the scheme, workers have to contribute ₹55 monthly (for age 18) and it varies according to age.
The Kisan Vikas Patra is a government-supported investment initiative designed for individuals looking for a stable, long-term financial strategy without exposure to risks. This program guarantees the doubling of the invested sum within 10 years, presently attainable in only 115 months with an interest rate of 7.5%.
India Post is an Indian government-operated postal system in India, and is the trade name of the Department of Post under the Ministry of Communications. Generally known as the Post Office, it is the most widely distributed postal system in the world, and India is the country that has the largest number of post offices in the world. [6]
Both sides of 1953 Fifty-Rupees Post Office National Savings Certificate. National Savings Certificates, popularly known as NSC, is an Indian Government savings bond, primarily used for small savings and income tax saving investments in India. It is part of the postal savings system of India Post . These can be purchased from any Post Office in ...
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The scheme currently provides an interest rate of 8.2% (For Jan -Mar 2024 quarter) and tax benefits. The account can be opened at any India Post office or branch of authorized commercial banks. The Sukanya Samriddhi Account Rules, 2016 was rescinded on 12 December 2019 and the new Sukanya Samriddhi Account Scheme, 2019 was introduced.
Amazon has also considered a roughly $10-per-month price, they said. There is no tie-in with Amazon’s $139-per-year Prime membership being considered, the people said.
The Public Provident Fund ( PPF) is a voluntary savings-cum-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...