Showing posts from April, 2020

Public Provident Fund

Public Provident Fund A public provident fund (PPF) account is an investment option that provides income tax deduction u/s 80C for the amount invested (subject to a limit of Rs 1.5 lakh a year). Interest received is exempt from tax and there is no tax on the amount received on maturity of the account either. Public Provident Fund ( PPF ) was introduced in India in 1968 with the objective to mobilize small saving in the form of an investment It can also be called a savings-cum-tax savings investment vehicle that enables one to build a retirement corpus while saving on annual taxes. Anyone looking for a safe investment option (backed by govt. of India) to save taxes and earn guaranteed returns should open a PPF account How Much One Can Earn From PPF? I f a person invest 1.5 lac (Maximum, Minimum is 500 rs/year) Per year and that to between 1st April to 5th April of every financial year one could earn 40.68 Lac (@7.1% interest) after 15 years.  Detailed calculation is shown in b

महावीर भगवान जैन समाज के 24वे तीर्थंकर

महावीर आज 6 अप्रैल 2020 को महावीर भगवान की जयन्ती है। आइए हम समझते हैं कि महावीर कौन थे और वे जैन धर्म के 24 वें तीर्थंकर कैसे बने ? महावीर, जिन्हें वर्धमान के नाम से भी जाना जाता है, जैन धर्म के 24 वें तीर्थंकर थे। वे 23 वें तीर्थंकर पार्श्वनाथ के आध्यात्मिक उत्तराधिकारी थे। जैन परंपरा यह मानती है कि महावीर का जन्म ईसा पूर्व 6 ठी शताब्दी ईसा पूर्व के प्रारंभिक भाग में एक शाही क्षत्रिय जैन परिवार, बिहार, भारत में हुआ था। नाम और उपकथा महावीर को विभिन्न नामों से पुकारा जाता था, जिनमें नयापुत्र, मुनि, समाना, निग्रन्थ, ब्राम्हण और भगवान शामिल थे। प्रारंभिक बौद्ध संतों में, उन्हें आरा ("योग्य") और वेयवी ("वेद" से व्युत्पन्न) के रूप में जाना जाता है, लेकिन इस संदर्भ में "बुद्धिमान" का अर्थ है; महावीर ने वेदों को धर्मग्रंथ के रूप में नहीं पहचाना - उन्हें श्रमण के रूप में जाना जाता है। कल्पा सोत्र, "प्यार और नफरत से रहित"। बाद के जैन ग्रंथों के अनुसार, महावीर के बचपन का नाम वर्धमान ("जो बढ़ता है") उनके जन्म के समय राज्य की स

How Financial Freedom Can Be Achieved ?

Financial Freedom Most of the people in this world wants to achieve financial freedom or we may call financial independence, but first it’s important to know what does this Financial Freedom means. According to me "Having enough Savings, Investments or Assets to live and provide desired life style for self and for family and that to without being employed is a financial freedom". To achieve financial freedom financial planning is the basic entity that one should follow Financial planning itself is a big topic though i will explain you some important key factors in this article First Factor is AGE Age is very important factor during financial planning because this is the key that will allow you to achieve and enjoy the life with full prosperity. One would ask AGE? How does it affect financial planning? Ok let me explain with an example Consider two persons Ram (Age -25) and Shyam (Age – 50).  Ram is young guy (unmarried) completed his graduation f