Post office scheme: Big news! Invest your money in this scheme, Get more interest & tax exemption also, know complete scheme

0
678
Post Office Scheme : Deposit Rs 2 lakh in lump sum; Guaranteed income of ₹ 13200, know details here
Post Office Scheme : Deposit Rs 2 lakh in lump sum; Guaranteed income of ₹ 13200, know details here

Investment Planning: If you invest 1000 rupees in this, then you get 1389.49 rupees with return. Know below about these benefits including tax exemption available in this scheme.


Investment Planning: If you do future planning from now on, then there will be no shortage of money. If you are also going to add money for the future, then you can start investing with less money and make double money. For this, you can invest in the National Savings Certificate (NSC) scheme, a safe and reliable post office scheme. At present, 6.8 percent interest is being given on investment in NSC. This investment scheme has a lock-in of 5 years.

Let us tell you that if you want to get a good return by investing, then this scheme is very beneficial for you. You will get many benefits by investing in this scheme. If you invest 1000 rupees in this, then you get 1389.49 rupees with return. Let us know about these benefits including tax exemption available in this scheme.

This is a small savings scheme of the Government of India in which you can also invest money. Currently, 6.8 percent interest is being given on investment in NSC. This investment scheme has a lock-in of five years. You get guaranteed returns in this. Not only this, you can also take advantage of Income Tax exemption on investment in National Savings Certificates. The interest rate at the time of investment in NSC remains the same for the entire maturity period.

Minimum investment of Rs 1000

One can start investing in National Savings Certificates with a minimum of Rs 1000. However, there is no maximum limit for investment. In this, interest is not paid to the investor every year, but it gets accumulated. In this you can invest any amount in the multiple of 100.

So much exemption in income tax

Investments in NSC (National Savings Certificates) can avail tax exemption of up to Rs 1.5 lakh every year under section 80C of Income Tax. In case of taxable income, the amount is deducted from the total income. In case of income tax, the interest earned on NSC annually is treated as reinvestment by the investor and he becomes eligible for tax deduction under section 80C within the aggregate limit of 1.5 lakhs.

Loan can be taken on the basis of NSC

If you have invested in NSC then the amount cannot be reinvested in the fifth year of maturity or in the last year. In the final year, the interest amount received from NSC (National Savings Certificates) is added to the income of the certificate holder and tax is applicable accordingly. You can take loan on the basis of NSC.