Post Office Monthly Income Scheme (POMIS) – How it works and Rules
Are you looking for a safe option to invest your money and earn decent returns? If yes, then I can explore one of the post office schemes. Today, we look at post office monthly income schemes (POMIS) which are not that well-known among urban investors. We often look to fixed deposits and other debt options […]
What Are RBI Relief Bonds?
In this article we will talk about RBI relief Bonds. Some bonds have a special provision that allows the investor to save on tax. These are termed as Tax-Saving Bonds, and are widely used by individual investors as a tax-saving tool. Examples of such bonds are: Infrastructure Bonds under Section 88 of the Income Tax […]
Understanding what is Fixed Maturity Plan & what are the benefits of FMP?
Attaining financial goals is does not happen overnight, it needs a long term investment. But in case of Stock market, lot of people avoid a long term investment because of the fear of volatility of the returns. Fixed Maturity Plan is the better option for such investors because of its higher security concerns. Let me […]
