Tax Benefits
Want to add a nominee to your EPF account? Here's how; all other FAQs about nomination process answered
Employees’ Provident Fund Organisation: Want to add a nominee to your employees' provident fund account? Here's how subscribers can do so, and your top nomination process related FAQs answered by the EPFO.
5 min read3 Jun 2026Want to move your Sukanya Samriddhi Yojana account to another bank? Here's the complete transfer process
Sukanya Samriddhi Yojana helps parents save for their daughters, offering competitive interest and tax advantages. Accounts can be transferred between banks with necessary documentation. Here's the full process.
3 min read31 May 2026PPF for children: Can both parents contribute to the account and claim tax deductions?
PPF is a long-term savings scheme with tax benefits. Parents can open a PPF account for minors, but total contributions by both parents cannot exceed ₹1.5 lakh annually. Details here.
4 min read30 May 2026NPS vs NPS Sanchay: Key differences between the two retirement schemes explained
The National Pension System (NPS) is a popular retirement scheme in India. PFRDA introduced NPS Sanchay for informal sector workers, differing from regular NPS in eligibility and structure.
2 min read25 May 2026How to move your PPF account between banks or post offices; Can it transferred to another person?
PPF account holders can transfer their accounts between banks and post offices without losing continuity. However, it cannot be transferred from one individual to another. Details here.
3 min read24 May 2026Can PPF investors open multiple accounts in different banks? Rules explained
The Public Provident Fund (PPF) is a government-backed savings scheme in India, offering 7.1% interest with tax benefits. Individuals can only maintain one account to prevent misuse of tax benefits.
3 min read22 May 2026Sukanya Samriddhi Yojana: safe, tax-free — but is the lock-in too long?
SSY offers 8.2% tax-free returns and sovereign backing, but strict lock-in and withdrawal limits can restrict liquidity. Here’s how much you can build—and whether it’s enough.
4 min read19 May 2026Want better returns than FDs? Here are top five government-backed schemes you can consider
Bank fixed deposits are favored by risk-averse investors for stable returns. However, if you are seeking alternative schemes that are backed by the government and offer higher interest rates than most FDs, here's a list of options.
4 min read18 May 2026Switching tax regimes? Key things salaried employees must know before choosing between old and new
Salaried employees can choose between old and new income tax regimes, while the new tax regime remains the default option. The Union Budget 2026 maintained existing tax slab rates. Here's what all you should consider before making a choice.
3 min read10 May 2026Mother’s Day 2026: Does money transfer to your mother help reduce your tax liability?
Transferring money to your mother is treated as a tax-free gift under Indian income tax law and does not reduce your tax liability. However, tax savings are possible only through specific payments like health insurance premiums under Section 80D in the old regime.
3 min read10 May 2026Wait for it…
Oops! Looks like you have exceeded the limit to bookmark the image. Remove some to bookmark this image.