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National Pension Scheme (NPS)

National Pension Scheme: Your Future Financial Security

The National Pension Scheme (NPS) is a government-backed pension scheme in India that allows individuals to save for retirement and earn a regular income during retirement. The scheme was introduced in 2004 and is administered by the Pension Fund Regulatory and Development Authority (PFRDA). The NPS offers a range of investment options and allows individuals

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Sukanya Samriddhi Yojana (SSY)

Sukanya Samriddhi Yojana (SSY)

As a part of the “Beti Bachao Beti Padhao” campaign, Prime Minister Narendra Modi and the Central Government announced the Sukanya Samriddhi Yojana (SSY) scheme. It was inaugurated on January 22, 2015, in Panipat, Haryana. The prosperity of girl children is the only goal of this tax-saving plan. More information on the Sukanya Samriddhi Yojana

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Public Provident Fund (PPF)

Public Provident Fund (PPF): Features and Tax Benefits

The National Savings Institute introduced the Public Provident Fund (PPF) program in 1968. It is one of the post office’s savings schemes. The government backs PPF; therefore, the returns are guaranteed. The interest rate is 7.1% for the financial year 2023–24. It is a long-term investing strategy well-liked by people seeking to generate high yet

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India VIX Volatility Index: Share Price for Options Traders

Most of the option traders are familiar with the term India VIX, but don’t know about the function of the volatility index. Here we can simplify the calculation for a better understanding of our fincareplan readers. We have a basic understanding of derivatives markets in our previous article, let’s move to advanced levels in options

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