-
Scheme specially designed for Government employees, Businessmen and other
salaried classes who are Income Tax assesses.
-
No maximum limit for investment.
-
No Tax deduction at source.
-
Certificates can be kept as collateral security to get loan from banks.
-
Investment up to INR 1,00,000/- per annum qualifies for IT Rebate under section
80C of Income Tax Act.
-
Trust and HUF cannot invest.
-
Rate of interest 8.50%.
-
Maturity value of a certificate of INR.100/- purchased on or after 1.4.2012
shall be INR. 151.62 after 5 years.
NSC IX Issue
-
No maximum limit for investment.
-
INR. 100/- grows to INR 234.35 after 10 years.
-
Minimum INR. 100/- No maximum limit available in denominations of INR. 100/-,
500/-, 1000/-, 5000/- & INR. 10,000/-.
-
A single holder type certificate can be purchased by an adult for himself or on
behalf of a minor or to a minor.
-
Rate of interest 8.80%.
-
Maturity value of a certificate of INR.100/- purchased on or after 1.4.2012
shall be INR. 236.60 after 10 years.
Buy National Savings Certificates (NSCs) every month for Five years – Re-invest
on maturity and relax - On retirement it will fetch you monthly pension as the
NSC matures.
0 వ్యాఖ్యలు:
Post a Comment