3 results for “SCSS”
Budget 2023: The Changes that Matter, from Insurance to Taxes and MLDs
What's changed in Budget 2023? A lot, it turns out, if you're among the rich. Insurance is now taxed, MLDs even more so. Travel abroad is now more painful. But there's some good things as well, including what didn't happen. Read on for the finer details.
Deepak Shenoy1 Feb 2023Commentary
Six investment options for regular income after retirement
Once you retire, you would want a safe pension income stream. Here are some options with reasonably good yields.
Venkatasubramanian K20 Jun 2022Personal-Finance
Eight Fixed Income instruments that beat the best FD rates in India
For decades, Fixed Deposits have been the most preferred instrument for everyone. But, historically this is the worst time to invest in FDs. Their interest rates are at a multi-year low. The nationalized banks like SBI, Punjab National Bank, HDFC Bank, Axis Bank are offering FD rates in the range of 4.4% to 5.8% per annum, depending on your tenure, and a 0.5% higher for senior citizens. On the other side, the CPI inflation for Feb 2022 was at 6.07%. This means, your real rate of return is actually negative. You are losing your purchasing power by investing in Fixed Deposits. In such a scenario, what are the alternatives available? Can we get a higher return than FDs, without taking the additional risk? The answer is, Yes. In this post, we will tell you the low-risk alternatives, without compromising on the risk.
Krishna Appala6 Apr 2022Fixed Income