WebWith the one-third lump sum increasing to R550k, can I draw another R50k tax-free from an RA?' #MichaelHaldane of Global & Local The Investment Experts replies. #RetirementPlanning #PersonalFinance WebMar 25, 2024 · Savings Schemes Under Post Office Investments Post Office Savings Account. The minimum deposit to open a post office savings account is Rs 500. The …

Post Office Time Deposit (TD) Calculator 2024: Save income tax …

WebNational Savings and Investments (NS&I), formerly called the Post Office Savings Bank and National Savings, is a state-owned savings bank in the United Kingdom. It is both a non-ministerial government department and an executive agency of HM Treasury. The aim of NS&I has been to attract funds from individual savers in the UK for the purpose of funding … WebPPF accounts have a tenure of 15 years that can be extended indefinitely in five-year blocks. HDFC Bank offers a wide variety of tax-saving instruments such as PPF, fixed deposits and National Pension Scheme (NPS) that are ideal for retirement planning. Tax-free bonds. Tax-free bonds are a good fit in a senior citizen’s portfolio. thibault simonin

Bank Fixed Deposit Vs Post Office Time Deposit: Which is a better …

Web2 days ago · Interest rate on bank/post office FD is shown in the table; Highest interest rate offered on bank/post office FD irrespective of the tenure, for deposit up to Rs 2 crore, is … WebJun 16, 2024 · There are 10 types of savings schemes or investment schemes offered by India Post, Department of Posts (Ministry of Communications). These are: Post Office … WebFeb 17, 2024 · Tax saving instruments and sections therein : 1. Fixed deposit. You can save tax by investing in tax saver Fixed Deposits which can fetch you tax deduction under section 80C of the Indian Income Tax Act, 1961. You can claim a deduction of a maximum of Rs.1.5 lakh by investing in tax saver fixed deposits. thibault soleilhac