Invest Indias : Investing Ideas

Union Budget 2021 has proposed to impose income tax on interest earned by an employee/person on his/her contribution in excess of Rs 2.5 lakh in a financial year to a provident fund.  On a plain reading of the budget documents, it appears that tax will apply to the interest earned on contributions made to Employees' Provident Fund (EPF), Voluntary Provident Fund (VPF) as well as Public Provident Fund (PPF).  However, tax experts have clarified that there are separate limits for EPF/VPF and PPF . Which means contributions to PPF and EPF/VPF will not be aggregated for the purpose of calculating the Rs 2.5 lakh limit. Detailed Explanation Presently in EPF contribution consists of 12% of the basic salary from Employees account and additional 12% of the basic salary from Employers account. In total 24% of the basic salary will be added in EPF account every month. But Employees have an option to increase their contribution from 12% to 100% and the additional contribution also earns the

National Pension Scheme (NPS) India is a long-term investment plan for retirement under the purview of the  PFRDA - Pension Fund Regulatory and Development Authority  and Central Government.  Following things has been covered in this article What is NPS? Who can invest in the NPS? What are the features & benefits of investing in NPS? What are the Different types of NPS accounts? What Is NPS (National Pension Scheme) The National Pension Scheme is a initiative by the Government of  India. This is a pension plan which can be opted by employees from the public, private and even the unorganized sectors except those from the armed forces. In this scheme people have to invest in a pension account at regular intervals till their retirement. After retirement, the NPS holder can take out a certain percentage of the total accumulated amount. And the remaining amount will be received as monthly pension.  Initially, the NPS scheme was only for the Central Government employees. Now, the PFRDA

This article is continuation  of  Know What Are The Types Of Mutual Funds Available In India And Where They Invest. If you have not read Part-1 then Click here.. In last article we have covered about Equity mutual funds, in this article we will began with the second type of mutual fund i.e Hybrid mutual fund. Before that will list down all the types of mutual funds. Types of Mutual Funds Equity Mutual Funds Hybrid Mutual Funds Debt Mutual Funds Solution Oriented Funds Fund of Funds Index Funds / Exchange Trade Funds (ETF's) Hybrid Mutual Funds These types of fund basically invest in both  Equity and Debt in different ratios. The sub categories of this fund is explained below Arbitrage Funds:  It is One of the safest categories of mutual funds, most suitable for people who want low risk in there investment. It has lower tax than pure Debt funds hence adds as a benefit as taxation of equity is applicable. The returns generally tend to be in the range of 6–7% , with. These type of m