RICH INVESTING iDEAS

Interest rates for Small Savings Schemes - October 2019 The Small Savings Scheme interest rate for Banks and Postal have been announced. While Interest rates for Small savings Schemes are low, still the interest rates for Provident Fund, Sukanya Samriddhi and Senior Citizen Savings were good in the face of Low Inflation. There is no change in the interest rate for the Period between October and December 2019. However in the current economic situation, the interest rate for small savings scheme seems Reasonable. The said rates for the July - September 2019 is to be followed in the current Quarter (October to December 2019) also. Generally, when the interest rate decreases, the Bond yield will increase. Similarly, if the interest rate increases, then the bond yield will decrease. In the Current Scenario, the Bank Repo rate seems low and Rate cut is also happening. One can use the Debt Funds through Mutual Funds in this Situation. The interest rate for small savings scheme has been slight

Employees PF Interest Rate history in India Since 1952 In a statement issued yesterday (21-02-2019) by the Employees Provident Fund Organization(EPFO) in India, it was increased the Provident Fund(PF) interest rate to 8.65 percent from 8.55 percent for the Financial year 2018-19. This is the first time, the interest rate has been hiked in the past five years. The Provident Fund rate was seen 8.75 percent in the Financial year 2014-15 and it has been increased by 5 basis points to 8.8 percent in the FY 2015-16. The lowest rate in the last five years were seen at 8.55 percent in the last fiscal year 2017-18. The Total Annual deposits of Provident fund was Rs. 1,31,000 Crore in the financial year 2017-18 and the estimate for the current Financial year is 1,46,000 Crore rupees. It has stated that there are nearly 6 Crore subscribers will get benefited by this updated 8.65 percent. The Board of EPFO has also discussed the issue of raising minimum pension under the Employee Pension Scheme(EP

Interest rate history of Public Provident Fund(PPF) When it comes to Safe Investment or savings, the debt markets should be considered. Although the debt market investments are available in the mutual funds, but still we have a safer side on Banks and Post Offices. There are so many small savings schemes available in the above said. The state and private employees do not have a regular pension today, the Provident fund(PPF) is still attractive. If we see the PPF interest rate history over the last 20 years, it was decreasing due to the inflation rate. However it is always a good investment avenue for the retirement life. Prior to the year 2001, the interest rat for the PPF, was above 10 percent. On that period, Inflation in India is just a bit too high. From the year 1986 to 2000, the interest rate were stood at 12 percent. This is the rate that Mutual Fund investments are giving today. The period between 2001 and 2002, the public provident fund interest rate were seen at 9 to 10 perce

20 Common FAQs on NPS(National Pension System)   National Pension System (NPS) is a Voluntary Defined Contribution Pension System, initiated by Government of India. It is also called as ‘New Pension Scheme’ as the Government decided to stop the Defined Benefit Pension system and started this NPS for all its employees who had joined after January 1st, 2004. At the early stage, this new system launched only for the Government Employees under the Govt. of India, and then it was opened for all Citizens of India. The NPS is nothing but, a pension cum investment scheme, where a little contribution made by the Employees and Employers like a Provident fund in a NPS account and it’s just planned for the long term retirement fund. The derived amount of contribution from both the employees and employers would be invested in a market based fund and returns were also depending upon the market and deliver in the retirement stage. The NPS is regulated by the Pension Fund Regulatory and Development A

Why Estate Planning should be mandatory ? Do you know about Investing Expenses ? The expenses that can generate (or) produce an income, so that we can save / invest a part of money, would be deducted from our Regular Salary or Business income like as other expenses. We daily saving / investing for our Goal based information. We regularly seeing what about our yield to date (YTD) on Returns. Our Dream goals are better and far more, it may be 20 years or 30 years or more than that. We depositing in a bank, mutual funds, stocks, realty, gold, etc. We are telling these investment instruments  will for the future of our Children. But, would you know, it's exactly fit for our kids or will settle as 100 percent for our kids ? We can't know. That's why we are talking about, ' The Estate Planning'. It's not just like a simple as we are thinking a Real Estate Property. The Estate Planning: “What makes greatness is starting something that lives after you.” So, we should ma