PPF for Regular Income: How to earn over Rs 90,000/month tax-free income from Public Provident Fund?
Anyone can open a PPF account at a bank or post office, and enjoy guaranteed returns along with tax benefits under Section 80C of the Income Tax Act. The Public Provident Fund (PPF) is a retirement savings scheme and it is also a useful tool for portfolio diversification. This small savings scheme is open to […]
How to decide on your retirement corpus
I work in the IT industry and have plans to retire in the next 10 years. I have already planned for my daughter’s education expenses and kept ₹50 lakh aside for this. At present, this amount looks good based on her education plans. I have invested in two properties that are valued at ₹1.2 crore […]
Mutual Funds: How to build wealth through systematic investment plans in 2024?
For long-term wealth creation in India, investing in mutual funds through SIPs (Systematic Investment Plans) has become one of the most prevalent and successful strategies. SIPs give investors the ability to systematically accumulate wealth by allowing them to invest a certain amount into the mutual funds of their choice at frequent intervals, usually every month. […]