#tax-benefits
EPF vs PPF: Key differences, rules, tax benefits and returns explained
EPF and PPF are key long-term savings instruments in India. While EPF is for salaried employees, PPF is open to all. Both offer tax benefits and fixed interest rates, but differ in eligibility, contributions, and withdrawal rules.
Looking for safe returns? These 5 government-backed schemes offer over 7.5% interest
Several government-backed savings schemes in India offer annual interest rates of 7.5% and higher. These options cater to various groups and provide tax benefits, attracting conservative investors.
Income tax rules for senior citizens in FY27: What’s new and what stays the same
Senior citizens enjoy tax benefits such as higher exemption limits and deductions under the old regime. While the new regime standardizes limits, retirees can still claim deductions under various sections. Form No. 125 simplifies filing for eligible seniors, …