You can compare senior citizen saving schemes with the monthly income scheme of the post office and other schemes for the interest rates. The interest rate depends upon time period and varies from bank to bank.
Bank Fixed Deposits and Tax Saver Bank Fixed Deposits The first two ways of investing your Rs 1 lakh could be bank fixed deposits and the tax saver bank fixed deposits.
ELSS is one of the most popular tax-saving investment options. If you can do so then no other fixed income investment could match public provident funds. The venture grew one customer at a time but, luckily, they managed to break even in nine months, earning Rs 5.
If you buy a bond from the stock market, bonds that are trading higher than their face value then you can make capital gains if the interest rate comes down. People like Chougule and More, who, till last year, were not even on the realty radar as a possible audience, are fast becoming the darlings of real estate developers.
Of course, apart from the small ticket sizes of the apartments, developers are resorting to several innovations to cut down on costs and, thus, keep a check on the final price tag. Mutual Fund Schemes The sixth best way to invest your Rscould be the various mutual fund schemes.
You would get tax benefits on your return but only problem is that your money is locked in for at least 5 years. Hence, PPF is not just for investing Rs 1 lac but you can invest your entire life earning and get maximum returns. On the other hand, debt mutual funds are funds which mainly invest in fixed income instrument and government securities.
In fact, they did the reverse. Therefore, the second point Tax Saver Bank fixed deposit comes in handy. The current Interest rate applicable on SSA account is 8. The transport and highways minister also talked about plans to build Chambal expressway that would be connected to the Delhi-Mumbai expressway.
Similarly, to ease traffic in East Delhi, Delhi-Meerut Expressway was envisaged, and its Delhi-Dasna portion will also be inaugurated by the Prime Minister on the same day by a road show. So, you can enjoy best of both worlds by investing in balance mutual funds.
Making executive training profitable How often have you sat through employee training workshops only to emerge disappointed and confused? PPF provide slow steady and secure return. The Tanaji Malusare City low-income group housing project in Karjat, Maharashtra No wonder then when Chougule heard about Tanaji Malusare City TMC in Karjat, a Mumbai suburb about km from his chawl, he immediately jumped at the opportunity to buy his own apartment.
It is best for students and people with less income. Gold is considered as a safe haven against all national, political and cultural crises.10 Best ways to Invest 1 Lakh for good returns.
1 Mid-cap, Multi-cap Mutual Fund. The first best way to invest 1 Lakh for the good returns is Midcap or Multi-cap Mutual Funds. Union Minister Nitin Gadkari has said a new express highway connecting Delhi and Mumbai will be built at a cost of Rs 1 lakh crore.
The transport and highways minister also talked about plans to. A business plan is a written description of your business's future, a document that tells what you plan to do and how you plan to do it.
If you jot down a paragraph on the back of an envelope. According to a report by Monitor Group, low-income group housing caters to income levels of Rs 7, per month with the accommodation units priced between Rs 3 lakh and Rs 10 lakh.
That puts the size of the market at 21 million households, worth Rs 13 lakh crore. Omaxe New Chandigarh, proposed over acres in New Chandigarh, is a modern integrated township.
Enabling you build a house the way you desire.
Under the Mango Tree: Rs 60 lakh turnover by selling honey For Vijaya Pastala, her dream enterprise, Under the Mango Tree (UTMT), took 14 years to shape up. After acquiring a post graduate degree in regional planning from the MIT, US, inPastala returned to India and stumbled upon the name for her future venture.Download