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5 Reasons To Invest your Money In The Public Provident Fund!

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5 Reasons To Invest your Money In The Public Provident Fund

1. Small deposits

One can open a PPF account with a modest quantity of Rs 100 as it were. This implies it tends to be effectively be opened by people with a little pay. Every year, the base sum that should be saved is Rs 500.

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Another fascinating element is that the PPF can be moved from one mail station to the next. An assignment office is likewise accessible under the Public Provident Fund.

Public Provident Fund

Public Provident Fund

2. High on safety

This is probably one instrument that is very high on safety. It is backed by the government of India and hence there are no worries at all.

The deposits can be made in equal installments of 12-months or in a lump sum. There are some disadvantages to the PPF as well. Among these include the lock-in period of 15 years, which could be pretty long. One cannot invest in the fund for a sum of more than Rs 1.5 lakhs. The government should increase the amount, as the same has not been raised for some time now. All in all, a superior instrument when compared to most other funds.

3. Interest rate as compared to bank deposits

The Public Provident Fund offers a better financing cost as thought about than bank stores. While bank stores offer a financing cost of around 6.5 percent 7.3 percent, the PPF offers people a loan fee of up to 7.9 percent.

The administration obviously will, in general, reexamine the loan cost normally. In any case, the pattern in the past is that the paces of premium have consistently been better than that of bank stores.

Proceeding, we see a similar pattern being held.

PPF

PPF

4. Tax exemption under Sec80C of the Income Tax

Expense exception is accessible under Sec 80C of the Income Tax Act. Along these lines, one can contribute an entirety of Rs 1.5 lakhs every year and get a tax reduction. This is a major putting something aside for those in the most astounding expense section.

There is additionally an advance office that is accessible from the third year onwards. Another intriguing component is that the Public Provident Fund no connection is conceivable under court declaration request.

This is a decent plan for those taking a gander at contributing cash at customary interims, with the premium sum being excluded just as advantages under Sec80C.

Public Provident Fund Images

Public Provident Fund Images

5. Tax-free returns

Returns from the Public Provident Fund are tax free in the hands of investors. There are very few instruments in the country, which offer tax free income to investors. For example, ULIP and tax free bonds are the other few instruments that offer tax free income.

Many individuals consider this as one of the biggest reasons to invest in the PPF. However, one thing to note is that the Public Provident Fund has a lock-in period. The scheme runs for a period of 15-years, though partial withdrawal is possible after a period of 7-years.

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Corona; Jackie Chan by offering a huge amount of money for drug detectors

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Corona Virus began from the first Vuhanil. By then it had spread to many countries. There are over 400,000 people from all countries. What is more worrying is that it is currently without medication. Actor Jackie Chan has now pledged Rs 1 crore (1 million yuan) to drug users to eliminate the coronavirus.

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Speaking to a national media outlet, he announced he would pay a large sum. He had already brought a large amount of relief to China.

“Anyone or organization can come up with a new idea and thank them for a crore,” Jackie Chan said.

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Valentine week 2020: Valentine’s day week will start from 7th February, know Valentine’s week list

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Valentine Week 2020, Special Quotes and Status

Every year the month of February is special for most lovers. By the way, the loving couple waits for the 14th because Valentine’s Day is celebrated on this day. Since Valentine’s Day Week begins with Rose Day from 7 February. So the euphoria of this day starts appearing on the faces of all the loving couples. To make this week memorable, people have also started preparing to celebrate it. So let’s know which day will be celebrated someday this week.

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07 February: As usual this week starts with Rose Day. The loving couple expresses their love on this day by giving them a rose flower to their partner. It is said that this week goes well by starting this day with a rose.

08 February: The second day of Valentine’s Day is celebrated on 8 February as Propose Day. On this day, if you love someone, then you can express your love.

09 February: On the third day of Valentine i.e. 09 February is celebrated as Chocolate Day. On this day, the loving couple gives chocolate to their partner.

February 10: On this day, lovers celebrate in the name of Teddy Day. On this day, Teddy gives a loving couple gift.

February 11: Celebrate Valentine’s Day as Promise Day. On this day the two lovers promise each other that they will always be together.

12 February: This day is celebrated as Hug day. That is, lovers make magic hug each other to strengthen their relationship.

February 13: On February 13, all couples usually stay. This day is celebrated as Kiss Day. On this day, two lovers kiss each other.

14 February: Valentine is celebrated on the last day of Valentine i.e. 14 February.

Valentines Day Special Quotes and Status

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valentinesday Special images

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valentinesday Special images 10

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valentinesday special romantic Messages 7

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valentinesday special romantic Messages 9

valentinesday special romantic Messages 10

valentinesday special romantic Messages 10

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valentinesday special romantic Messages 6

valentinesday special romantic Messages 6

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valentinesday special romantic Messages 5

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valentinesday special romantic Messages 3

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valentinesday special romantic Messages 2

valentinesday special romantic Messages 1

valentinesday special romantic Messages 1

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Again transgender marriage in Kerala, journalist Heidi Saadia is getting married

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Again transgender marriage in Kerala, journalist Heidi Saadia is getting married

There are so many transgender weddings going on in Kerala now that Heidi Saadia, the first transgender journalist in Kerala, is getting married. The wedding will be held at TDM Hall, Ernakulam, on the 26th of this month. Heidi is the anchor of the Kairali Channel. He is married to Atharv Mohan, a native of Haripad.

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Heidi Saadia Images

Heidi Saadia Images

Heidi Saadia is the foster daughter of transgender makeup artist Renju Ranji. Atharv Mohan is an Accountant in a private company in Trivandrum. The wedding is jointly organized by Sri Sathya Sai Orphanage Trust and Ernakulam Karayogam. The wedding will take place on the 26th of this month between 10:45 am and 11:30 am

First Transgender Journalist Heidi Saadia got married

First Transgender Journalist Heidi Saadia got married

Atharv, son of Mohan and Lalitha, is the foster son of transgender couple Ishan K. Shan and Surya. The marriage is decided according to the decision of the two parties. This is the fourth transgender marriage under the Special Marriage Act in Kerala. Heidi began her journalism campaign in 2019. Heidi had said in a previous interview that this area was chosen because it seemed to be a “segregated field”.

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