Check all details of Post Office Monthly Income Scheme

Screenshot from 2019-05-02 10-39-48.png_thump

India Post, the government-owned postal services, provides the facility of monthly income scheme with which the individual can invest a minimum of Rs 1,500 per month. The maximum investment limit for a single account holder is fixed at Rs 4.5 lakh,while, the upper ceiling for investment for joint account holders goes up to Rs 9 lakh. For calculation of the […]

Read more

All you need to know about PM-SYM pension scheme

PMSYM-pradhan-mantri-shram-yogi-mandhan-yojana700x400.jpg_thump

Pradhan Mantri Shram Yogi Maan-Dhan (PM-SYM) is a government pension scheme for unorganised workers that admits unorganised workers in the age group of 18-40 years with a monthly income up to Rs. 15,000. It also offers a minimum guaranteed pension of Rs. 3,000 a month after the subscriber turns 60. However, the worker should not be covered under any scheme […]

Read more

Top things to know about Kisan Vikas Patra

kvp.jpg_thump

People seeking to grow wealth invest in Kisan Vikas Patra certificates in a post office to get an interest on a compound basis. Also according to India Post’s website – www.indiapost.gov.in the amount invested in a KVP account in a post office doubles in a period of 112 months. There is around 1.5 lakh post offices under India Post network, […]

Read more

Aadhaar not needed to get SIM card – Details here

sim-card-linked-aadhaar-1.jpg_thump

As per September 26, 2018 Supreme court verdict relating to Aadhaar authentication, the government has revamped the digital KYC norms, Aadhaar is not mandatory for getting a new SIM card connection. The government has directed telecom companies to implement this change and start accepting alternative documents. Now – Aadhaar is not mandatory to get new SIM card :- As per […]

Read more

Good news for Salaried – Government ratifies 8.65% interest on EPF

epfo-hike.jpg_thump

Finance Ministry has approved 8.65 per cent rate of interest on Employees’ Provident Fund (EPF) for 2018-19 as decided by retirement fund body EPFO, benefitting more than 6 crore formal sector workers.  “The Department of Financial Services (DFS), a wing of Finance Ministry, has given its concurrence to Employees Provident Fund Organisation’s (EPFO) decision to provide 8.65 per cent rate […]

Read more
1 2 3 16