Legal Suvidha

National Savings Monthly Income

Want to save for the future? Learn how to claim tax deductions on your National Savings Monthly Income Scheme

What are Tax Deductions and How Do They Work? Tax deductions are a great way to save money on your taxes. They allow you to reduce the amount of taxable income you report on your tax return, resulting in a lower tax bill. Deductions can be claimed for a variety of items, such as charitable […]

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Monthly Income Scheme

Want to save on taxes? Learn how to claim deductions on your Monthly Income Scheme

What is the Monthly Income Scheme & How Can You Claim Deductions? Monthly Income Scheme is a tax-saving instrument provided by the government of India. It allows taxpayers to save taxes by investing in fixed deposits with banks or post offices. The scheme offers a variety of benefits, including tax deductions and regular income for

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Senior Citizen Savings Scheme

Want to save on taxes? Learn how to claim deductions on your Senior Citizen Savings Scheme

What is the Senior Citizen Savings Scheme and How It Can Help You Save Taxes? Senior Citizen Savings Scheme (SCSS) is a government-backed scheme designed to help senior citizens save money for their retirement. It offers attractive tax benefits and a guaranteed return on the amount invested. This scheme can be used by senior citizens

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Sukanya Samriddhi Yojana

Have a girl child? Learn how to claim tax deductions on your Sukanya Samriddhi Yojana contributions

 Sukanya Samriddhi Yojana and How Does it Benefit Parents with Girl Children? Sukanya Samriddhi Yojana is a special savings scheme launched by the Government of India to promote the welfare of girl children in India. The scheme offers parents with girl children a unique opportunity to save money for their daughters’ future by investing in

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Monthly Income Scheme

Want to save for your retirement? Learn how to claim tax deductions on your Monthly Income Scheme

What is a Monthly Income Scheme and How Does it Help with Retirement Savings?  Monthly Income Scheme (MIS) is a type of investment plan that helps individuals save for retirement by providing them with a fixed monthly income. It is an ideal option for those who want to ensure a steady and reliable income in

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National Savings Recurring Debit Account

Want to save for the future? Learn how to claim tax deductions on your National Savings Recurring Deposit

What is a National Savings Recurring Debit Account and Why Should You Care National Savings Recurring Debit Account is an easy and secure way to save money for the future. It allows you to set up regular, automated payments from your bank account into a savings account which earns interest over time. This type of

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National Savings Time Deposit

Want to save on taxes? Learn how to claim deductions on your National Savings Time Deposit

What is a National Savings Time Deposit and How Does It Help with Tax Deduction? National Savings Time  Deposit is considered a safe and secure investment option, as the government guarantees the deposit and interest. It is also a tax-saving investment, as the interest earned is exempt from income tax under the provisions of the

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National Pension System

Want to save for retirement? Learn how to claim tax deductions on your National Pension System contributions

What is NPS and How it Can Help You Save for Retirement? National Pension System (NPS) is a government-sponsored pension scheme in India. It is mandatory for government employees and optional for other citizens. NPS contributions are made by the subscriber (employee or individual) and the employer (in the case of government employees). Saving for

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Kisan Vikas Patra

Are you a farmer? Learn how to claim tax deductions on your Kisan Vikas Patra contributions

What is the Kisan Vikas Patra and How Does it Help Farmers? Kisan Vikas Patra (KVP) is a government-sponsored scheme that helps farmers in India by providing them with an easy and secure way to save money. The KVP offers attractive interest rates and tax benefits, making it a popular savings instrument among farmers. This

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National Savings Certificate

Want to save on taxes? Learn how to claim deductions on your National Savings Certificate

National Savings Certificate and How Can it Help You Save on Taxes? National Savings Certificate (NSC) is a great way to save money and reduce your tax burden. It offers a safe and secure investment option with attractive returns and the added advantage of tax deductions under Section 80C of the Income Tax Act, 1961.

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Equity-Linked Savings Schemes

Want to save for your child’s education? Learn how to claim tax deductions on Equity-linked Savings Scheme

What are Equity-Linked Savings Schemes and How Can They Help with College Savings? Equity-Linked Savings Schemes (ELSS) are an investment option that can help parents save for their child’s college education. ELSS are mutual funds that invest in stocks and bonds, and offer tax benefits to the investor. They have a minimum lock-in period of

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Sukanya Samriddhi Yojana

Have a girl child? Learn how to claim tax deductions on Sukanya Samriddhi Yojana contributions

Sukanya Samriddhi Yojana and How Can it Help Parents of Girl Children? Sukanya Samriddhi Yojana is a government-backed savings scheme that provides financial security to parents of girl children. It was launched in 2015 by the Government of India with the intention to provide financial security for the future of girl children. The scheme has

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