Fixed Deposits (FDs) and Recurring Deposits (RDs) stand out as widely favored investment avenues in India, particularly for those seeking low-risk options. Investing in an FD or RD offers a significant advantage in the form of assured returns over a predetermined period, devoid of any associated risks. Compared to equity investments, Bank Fixed Deposits and… Continue reading FD Vs. RD: Which is Better?
Day: December 26, 2023
EPF Essentials: Navigating Employee Provident Fund Benefits
Introduced in 1951, the EPF scheme provides services to over fifty million people. The Employees’ Provident Scheme Act of 1952, the Employees’ Direct Linked Insurance Scheme Act of 1976, and the Employees’ Pension Scheme Act of 1995 control this social program. When made collectively over an extended length of time, the contributions accumulate and, at… Continue reading EPF Essentials: Navigating Employee Provident Fund Benefits