Articles like these are helpful to any individual whose looking for basic investment guide and assistance, please carry on the good work, suprisingly there who think they are too smart and deny he facts mentioned in these articles, EJ
Check out the "Do it yourself Tax Planner" in ICHP portal.
You can also have detailed information about the following there.
Life Insurance Premium Employee Provident Fund (EPF) Public Provident Fund (PPF) Deferred Annuity / Pension Scheme Unit Linked Insurance Plan (ULIP) National Savings Certificate (NSS) Equity Linked Savings Scheme (ELSS) Payment of Children%u2019s Tuition Fees Repayment of Principal amount of Housing Loan Bank Deposits Purchase of Infrastructure Bonds Overseas Travel - Per Day Allowance (Per DM) Reimbursement of Medical Expenditure Medical Insurance Premium (Mediclaim) Education Loan Repayment Medical Expenditure of Disabled dependent Medical Expenditure on treatment of Specified diseases Tax deduction in case of a Person with disability
This article is for the very weak hearts...If you invest in Large caps like Infosys, TCS, Wipro etc..atleast you'll be getting 40% returns yearly but in all these schemes you'll get 8-10% max...
RE:Rate of interest is 8% in NSC
by Naveen Natarajan on Feb 17, 2007 04:10 PM
The rate of interest for NSC is 8% P.A calculated half yearly which amounts to 8.16% P.A. Please learn some basic mathematics before writing such messages.
It is surprising that an article is published wrongly, even after a change occurred 2 years before. The credibility of the Article is doubted because of this.
RE:Min. Deposit is Rs. 1000 in PPF
by Naveen Natarajan on Feb 17, 2007 04:13 PM
The minimum deposit for PPF is just Rs.500 and not Rs.1000. The article is correct. It's you who is wrong.
RE:whats in it
by on Feb 13, 2007 06:30 PM
I would beg to differ - I am a 21yr old who has just landed on a new job. This article is hence helpful as it collates a number of points in one place. Not all readers may be as aware as you might be :)
