Income Tax news: In both, if your income is less than Rs 5 lakh per annum, then you will get a rebate of Rs 12,500
The current interest rate on the PPF is 7.1%, making it one of the government-backed high-yielding modest savings schemes
Endowment plans are looked up on as the perfect tool for wealth creation as they offer dual benefits of insurance and saving at the same time
Retirement planning: Selecting the correct financial instrument that can augment your wealth is of prime importance
The advantage of PLI is that they offer the products at relatively cheaper premium with high bonus rates