The Post Office Public Provident Fund is one of the most trusted long-term saving schemes in India. Being backed by the Government of India, a PPF will be a guaranteed return scheme. The security of investment, coupled with the benefits under the Income-tax Act, has thus made this scheme a favorite among those who think … Read more
In a welcomed change for millions of Central Government employees, the Govt. announced a hike of 3% in DA to Railway employees and pensioners w.e.f. January 2025. This hike is meant to counterbalance the inflationary pressure and rising cost of living so that the employees and retirees do not lose on their purchasing power. 3% … Read more
Systematic Investment Plans (SIPs) have become the most talked-about investment option for wealth creation over time. The investor deposits small amounts regularly, thereby benefiting from the intricacies of compounding and market growth in terms of returns over extended periods. A monthly SIP of ₹2,000 into select mutual funds can grow into ₹7.6 lakhs in 10 … Read more
The Reserve Bank of India (RBI) has introduced new rules for savings accounts effective from 25th October 2025. These changes aim to streamline banking practices and ensure transparency for account holders. The updates cover a range of aspects, including minimum balance requirements, ATM transaction charges, and other service fees. Minimum Balance Requirements Under the new … Read more
Recently, social media posts have claimed that Centrelink recipients will receive a $400 one-off payment from the Australian Government. However, official sources have confirmed that this information is false. No such payment has been announced by Services Australia or the Department of Social Services. Centrelink payments like the Age Pension, JobSeeker, and Disability Support Pension … Read more
Historically, gold has been a great asset to secure life savings in India. It is regarded as safe during times of inflation and moreover dependent upon change in price. In 2025, SBI Gold SIP stands out to the masses as a simple and systematic means to invest in gold. With a tiny amount remaining as … Read more
With the kind of returns India Post PPF can offer along with the security of the capital invested, it has remained the most sought long-term investment for millions of Indians. With its tax-free return and guaranteed growth, PPF is meant for those individuals who wish to safeguard their financial future. By depositing ₹40,000 in a … Read more
In 2025, the government of India continues to prioritize the welfare of senior citizens through a range of financial, healthcare, and social support programs. These initiatives are designed to provide security and independence to elderly individuals during their retirement years. From pension schemes to healthcare coverage, the government’s efforts ensure that no senior citizen is … Read more
For conservative investors who look for safe and guaranteed returns, fixed deposits are prime options. Bandhan Bank, in 2025, has come up with short-term FD schemes offering competitive interest rates and thereby enabling an investor to reap handsome profits within stipulated time. With wise investments, an investor can make up to ₹89,000 in just four … Read more
One of the most trusted and safe investment opportunities for conservative investors is Post Office Fixed Deposits. These deposits are backed by the Government of India, guaranteeing return and providing flexible tenure options to meet income growth needs flexibly. At the current FD rates,/a> a lump sum of ₹7 Lakhs should grow to ₹10.14 Lakhs … Read more