Showing posts with label FinancialLiteracy. Show all posts
Showing posts with label FinancialLiteracy. Show all posts

Tuesday, March 17, 2015

LinkLog : Sukanya Samriddhi - A way to save up money for your child

The Government of India announced a savings scheme in January 2015 called the Sukanya Samridhdhi Yojana - which enables parents to save money for their girl child for use when the child turns 21 years of age, with the highlight being that the returns from this scheme will be tax free and the money invested in this can be filed under the 80C scheme for current income tax benefits.

Here are some links that give more details about this -

http://www.onemint.com/2015/03/03/sukanya-samriddhi-yojana-tax-free-small-savings-scheme-for-a-girl-child/

http://www.indiapost.gov.in/SukanyaSamriddhi.aspx

Sounds like an interesting scheme.

Here is a downloadable PDF link to the above OneMint article incase you find the blog link to be dead.

Saturday, March 14, 2015

Transferred Money to a Wrong Account?

Today, I came across this very useful article about what to do if one ends up transferring money to a wrong bank account by mistake. I am re-posting it here. All credits go to the author of the original blog post.

http://www.jagoinvestor.com/2015/01/transfer-money-to-wrong-bank-account.html

In the 5 years that this blog has been alive, I have found that some of the links that I share go dead in a couple of years making my blog post meaningless.  Here is a PDF print of the same article, that you can download from here