In today's fast-paced world, managing personal finances has become more crucial than ever. Action Step: Set up an automatic transfer of a specific amount or percentage of your salary to a separate savings or investment account each month. Instead of vaguely aiming to "save money," set specific targets like "save 50K for a down payment in 12 months" or "build …
Prime Minister Shram Yogi Mandhan Yojana is a voluntary and contributory pension scheme, launched in 2019 aiming to benefit the workers in the unorganized sector in the country. The pension scheme by the Central government assures a monthly pension of at least Rs 3,000 after attaining the age of 60. Eligibility Anyone, in the age group of 18-40 years, working …
National Savings Time Deposit Account Just like a bank FD, one can also open a term deposit account in the Post office for any of the four tenures available – 1, 2, 3 and 5 years. When the PO term deposit account matures, the same account will be automatically renewed for the period it was initially opened for. In this …
