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1 week ago | 
zeebiz.com | Anamika Singh
The Reserve Bank of India (RBI) has announced the pre-mature redemption price of Rs 9,221 per bond of Sovereign Gold Bond (SGB) Series III 2017-18. These bonds can be redeemed early from today (April 16, 2025). There's one more chance for final redemption of the series later, as the SGB has an 8-year maturity period. Early redemption options are available twice a year after 5 years. The interest in SGBs is also paid twice semi-annually around the same time.
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1 week ago | 
zeebiz.com | Anamika Singh
Public Provident Fund (PPF) is a government-backed investment scheme that is designed to encourage savings for retirement. PPF is popular because it offers a combination of safety, guaranteed returns, and tax benefits. Investments in Public Provident Fund are tax-deductible under Section 80C of the Income Tax Act, and the interest earned is also exempt from income tax.
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1 week ago | 
zeebiz.com | Anamika Singh
SIPs carry a higher level of risk as they are market-linked investment schemes. Therefore, returns received on SIP investments fluctuate, depending on the market performance. Whereas PPF is considered a safe investment plan, which is characterised by guaranteed returns, considering that it is backed by the government and offers fixed returns. Systematic Investment Plans offer high liquidity.
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1 week ago | 
zeebiz.com | Anamika Singh
Who doesn’t wish to have a lot of money to fulfil all that they have planned? Everyone does, right? What if you could generate a huge corpus like Rs 1 crore before reaching your retirement age? Sounds untrue, but with a disciplined and consistent investment strategy, one can reach this target goal. Therefore, let’s find out how quickly you can become a millionaire by investing just Rs 10,000 monthly in a systematic investment plan.
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1 week ago | 
zeebiz.com | Anamika Singh
Aggressive Hybrid Funds invest predominantly in equity and equity-related instruments. As per the classification norms issued by the Securities & Exchange Board of India (SEBI), an aggressive hybrid fund must have an investment of 65 to 80 per cent of its net assets in equities, while the balance may be invested in debt securities. Spreading out investments means these funds are less risky than pure equity funds and have almost similar long-run returns.
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1 week ago | 
zeebiz.com | Anamika Singh
NPS was launched by the Central Government to help individuals have an income in the form of a pension to look after themselves during retirement. A SIP is a way to invest a fixed amount of money regularly (daily, weekly, monthly, or yearly) into mutual funds. Investors often get confused between SIP and NPS, which is a better option to go for a retirement plan.
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1 week ago | 
zeebiz.com | Anamika Singh
The National Pension System (NPS) was launched by the Central Government to help individuals have an income in the form of a pension to look after themselves during retirement. It offers tax benefits on investments and withdrawals, making it an attractive retirement savings option. NPS helps individuals save for retirement by investing in different assets like stocks, government bonds, and corporate debt, aiming to provide a financially secure future.
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1 week ago | 
zeebiz.com | Anamika Singh
Gratuity is money that an employer pays to an employee to recognize their long service. Under the Payment of Gratuity Act of 1972, employees are entitled to receive gratuity after completing 5 years of continuous service with an employer. If a company falls under the Payment of Gratuity Act of 1972, it cannot count itself out. On that note, let’s find out what your gratuity will be for Rs 62,000 last-drawn salary after 6 years and 8 months of service.
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1 week ago | 
zeebiz.com | Anamika Singh
A systematic investment plan (SIP) is a systematic way to invest, which makes it easier for investors to stay consistent and disciplined in their investing journey. You can start your investment journey through SIP with a small amount of Rs 100. SIPs are particularly effective for long-term goals like retirement, but you can also plan to achieve a short-term goal with the help of a systematic investment plan. Now let’s find out how quickly you can build Rs 1 crore corpus with Rs 12,000 monthly SIP.
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1 week ago | 
zeebiz.com | Anamika Singh
In today’s world, our data is extremely valuable, just like gold. Personal data includes names, locations, financial information, and online activities that need to be protected to prevent misuse, identity theft, and unauthorized access. With the rise of online services and social media, protecting data has become crucial for individuals. Thus, if you are worried about your WhatsApp privacy, here are simple ways to check for unauthorised access and block unwanted users.
