Invest in these 6 schemes of Modi government, these benefits will be available with double the money
new Delhi. Time does not stop for anyone. It is very difficult to guess when and where who needs money. Therefore, it is right to put money at the right place at the right time. Because only a large amount of money is not required for future grooming. Rather, the decision to invest at the right time is also important. Therefore, if you decide to invest now, you will get the benefit in the long term. That is why today, we are telling you about the 6 such highest returns schemes of the government…
(1) Sukanya Samriddhi Yojana – 8.40% annual return
If you want to secure your daughter’s future, then Sukanya Samriddhi Yojana is the best option for you. An investment scheme launched by the Government of India for girls’ marriage and higher education. Which has been launched under the ‘Beti Bachao-Beti Padhao’ scheme.
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Currently, it is getting 8.40 percent interest annually. In this, its income is tax-free after completion of maturity along with tax exemption. Also read – Start this business in just 1.5 lakhs, earning 50 thousand rupees every month, the government will give loans up to 90%
(2) Public Provident Fund (PPF) – Annualized 7.9% return
Investing in Public Provident Fund (PPF) is the easiest option for everyone. If there is a long-term perspective, then definitely invest in PPF. Currently, the government is getting an annual interest rate of 7.9% on PPF.
You can start investing on this new year by investing in this safe scheme. The best thing is that investing in PPF can be started from just Rs 500.
For this, PPF account can be opened in any bank or post office. Under Section 80C of the Income Tax Act, you can get tax rebate on investment of 1.5 lakh rupees annually in PPF. The interest rates on PPF are reviewed every quarter.
(3) Prime Minister Shram Yogi Maandhan – 3000 rupees pension every month
Pradhan Mantri Shram Yogi Maandhan (PMSYM) pension scheme is for workers in the unorganized sector. This scheme is for workers earning Rs 15,000 per month so that after 60 years of age they can get a monthly pension of Rs 3,000. Workers from 18 to 40 years can be included in this scheme. The biggest feature of this scheme is that after investing 55 rupees per month in it, 3000 rupees will be received as pension every month.
(4) National Savings Certificate- Annual Return 7.9%
This scheme of Post Office is National Savings Certificates i.e. NSC. By investing in this scheme, your money will double in 119 months. The specialty of this scheme is that you can invest in it with just Rs 100 and can also avail tax exemption on it. The total investment period under the Post Office’s NSC scheme is 5 years.
According to India Post, under this scheme the account is opened with at least 100 rupees. Account under NSC can be opened in post office branches across the country. At the same time, the maximum limit for investment in this is not fixed. Money in NSC can double in 119 months. After investing Rs 100 in NSC, it becomes Rs 146 after 5 years. In this way, it will take 9.11 years i.e. 119 months to double the investment.
(5) Kisan Vikas Patra – Money will become double in 9 years!
The Central Government had issued a special notification about the Kisan Vikas Patra (KVP). In this notification, many changes have been made in the rules of the year 2014. In KVP, your money is guaranteed to double in 9 years and 5 months.
If you deposit 50 thousand rupees in KVP today i.e. on 5 January 2020, then this amount will double by June 2029.
In this, you can deposit any amount in multiple of 100, but you have to keep in mind that for the first time, you will have to deposit at least 1 thousand rupees in it. There is no limit to the maximum amount to be kept in a KVP account. If you want, you can also open more than one KVP account.
(6) Atal Pension Yojana – 5000 rupees pension every month
Atal Pension Yojana (APY) is a very beneficial scheme for people working in the unorganized sector. It was started by the Modi government in May 2015. Under this scheme, regular income is received for post-retirement expenses.
People between 18 and 40 years can avail this scheme, to get pension under this scheme, one has to invest for at least 20 years. According to the plan, minimum monthly pension of Rs 1,000 and maximum of Rs 5,000 can be received. The benefits of pension will start getting from the age of 60. If an 18-year-old youth joins the Atal Pension Yojana, then he will have to invest Rs 210 per month.
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