Discover and read the best of Twitter Threads about #PPF
Most recents (11)
PPF अकाउंट म्हणजे काय ?
PPF -पब्लिक प्रॉव्हिडेंट फंड हा एक दीर्घ कालीन गुंतवणुकीचा पर्याय आहे जो आकर्षक व्याजदर सोबतच गुंतवणुकीवर उत्तम परतावा देते. पीपीएफ मध्ये गुंतवलेला पैसा हा सरकारच्या पाठिंब्यामुळे एकदम सुरक्षित आहे. या शिवाय यात मिळणारा व्याज आणि परतावा हे आयकर
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PPF -पब्लिक प्रॉव्हिडेंट फंड हा एक दीर्घ कालीन गुंतवणुकीचा पर्याय आहे जो आकर्षक व्याजदर सोबतच गुंतवणुकीवर उत्तम परतावा देते. पीपीएफ मध्ये गुंतवलेला पैसा हा सरकारच्या पाठिंब्यामुळे एकदम सुरक्षित आहे. या शिवाय यात मिळणारा व्याज आणि परतावा हे आयकर
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कायद्या कलम 80C (Income Tax Act under Section 80C) च्या अंतर्गत खाते धारकाला टॅक्स पासून सूट मिळते.
तुम्ही पीपीएफ खाते एकतर पोस्ट ऑफिस मध्ये किंवा इतर कोणत्याही राष्ट्रीयकृत बँकेत उघडू शकता. तसेच आजकाल काही खाजगी बँका देखील ही सुविधा देत आहेत.
भारतातील कोणताही नागरिक
#मराठी #म
तुम्ही पीपीएफ खाते एकतर पोस्ट ऑफिस मध्ये किंवा इतर कोणत्याही राष्ट्रीयकृत बँकेत उघडू शकता. तसेच आजकाल काही खाजगी बँका देखील ही सुविधा देत आहेत.
भारतातील कोणताही नागरिक
#मराठी #म
पीपीएफ खाते उघडू शकतो. तसेच अल्पवयीन व्यक्तीच्या नावाने सुद्धा खाते उघडता येते. Joint पीपीएफ खाते उघडता येत नाही. पण त्याऐवजी तुम्ही नॉमिनी लावू शकता. कोणतीही व्यक्ती त्याच्या नावावर एका पेक्षा जास्त पीपीएफ खाते उघडू शकत नाही.
NPS vs APY vs PPF : Where should you invest for your retirement?🤔
We've made it simple by using the following 7 parameters:
- Aim
- How does it work?
- Withdrawal
- Eligibility
- Risk appetite
- Income Tax Benefit
- Liquidity
#retirementplanning #personalfinances #finance
We've made it simple by using the following 7 parameters:
- Aim
- How does it work?
- Withdrawal
- Eligibility
- Risk appetite
- Income Tax Benefit
- Liquidity
#retirementplanning #personalfinances #finance
1⃣ NPS - National Pension scheme
Aim:
Provide regular income to citizens when they stop working.
#NPS
Aim:
Provide regular income to citizens when they stop working.
#NPS
How does it work?
All you need to do is deposit an amount regularly and get the benefits of compounding on the returns.
All you need to do is deposit an amount regularly and get the benefits of compounding on the returns.
ELSS vs PPF
A short thread...
ELSS (Equity Linked Savings Scheme) and public provident fund PPF, both help you save taxes, but apart from that, they differ on many parameters.
#ELSS #PPF #Taxsaving #investing #investingtips #mutualfunds #wealth
A short thread...
ELSS (Equity Linked Savings Scheme) and public provident fund PPF, both help you save taxes, but apart from that, they differ on many parameters.
#ELSS #PPF #Taxsaving #investing #investingtips #mutualfunds #wealth
In India, With both ELSS and PPF, you can get a maximum deduction of INR 1.5 Lakh under Section 80C of the Income Tax Act, 1961.
#WealthCreators #stockmarket #MoneyMatters
#WealthCreators #stockmarket #MoneyMatters
What are ELSS funds?
ELSS is d tax saving mutual fund which serves both d purpose of saving taxes & help U create long term wealth. ELSS funds generate returns by investing in equity & related instruments. This makes it a suitable investment option 4a person with LT goals.
ELSS is d tax saving mutual fund which serves both d purpose of saving taxes & help U create long term wealth. ELSS funds generate returns by investing in equity & related instruments. This makes it a suitable investment option 4a person with LT goals.
Thread on Taxation and Tax Planning through Minor’s Income
We will see:
👉🏻PAN & ITR filing of Minor
👉🏻How Clubbing of Income happens?
👉🏻Taxation of Minor Income
👉🏻Tax Planning
@Spaysocial @investyadnya @AdeParimal @gaurav28jain #minor #TaxTwitter #taxplanning
We will see:
👉🏻PAN & ITR filing of Minor
👉🏻How Clubbing of Income happens?
👉🏻Taxation of Minor Income
👉🏻Tax Planning
@Spaysocial @investyadnya @AdeParimal @gaurav28jain #minor #TaxTwitter #taxplanning
Q. Can minor apply for PAN?
Absolutely yes, Income Tax Act does not bar minors from applying to PAN. Even today’s born baby can also apply for PAN.
There is no age limit for applying for PAN.
Absolutely yes, Income Tax Act does not bar minors from applying to PAN. Even today’s born baby can also apply for PAN.
There is no age limit for applying for PAN.
Q. Can Minor file his ITR?
Yes again. There is no provision in income tax act which says minor cannot file his ITR.
Income tax return can be filed by his representative also.
#incometax #IncomeTaxReturns
Yes again. There is no provision in income tax act which says minor cannot file his ITR.
Income tax return can be filed by his representative also.
#incometax #IncomeTaxReturns
Thread 🧵 on Important Points while Filing Income Tax Returns.
Which in turns saves you from any notice from Income Tax Department.
@Spaysocial @investyadnya @AdeParimal @gaurav28jain
Request to retweet for maximum reach 🙏🏻
Which in turns saves you from any notice from Income Tax Department.
@Spaysocial @investyadnya @AdeParimal @gaurav28jain
Request to retweet for maximum reach 🙏🏻
1. Do check AIS (Annual Information Statement) & TIS (Tax Information Summary)
Both available on income tax portal under services tab.
Please note there might be errors in figures reported in those statements but you can submit appropriate feedback if showing wrong details.
Both available on income tax portal under services tab.
Please note there might be errors in figures reported in those statements but you can submit appropriate feedback if showing wrong details.
2. Choosing of correct ITR Form is the most important thing.
If you choose wrong ITR form your ITR will be considered defective. This will lead to invalidate your ITR if response not submitted in due time.
Invalid ITR is as good as you have not filed ITR.
If you choose wrong ITR form your ITR will be considered defective. This will lead to invalidate your ITR if response not submitted in due time.
Invalid ITR is as good as you have not filed ITR.
#EPF tax rules understanding
Employee contributions above 2.5L in FY will be taxed on the "interest earned"
EPF rate FY22 - 8.1%
Employee contributions above 2.5L in FY will be taxed on the "interest earned"
EPF rate FY22 - 8.1%
For example, you have made a 5L total contribution to EPF (Only employee contribution counts here and employers!)
5-2.5L = 2.5L additional contribution
Let's say in you're in a 30% tax bracket
EPF rate is 8.1%
2.5L*8.1% = 20250 interest earned
20250*30% = 6075 pay tax
5-2.5L = 2.5L additional contribution
Let's say in you're in a 30% tax bracket
EPF rate is 8.1%
2.5L*8.1% = 20250 interest earned
20250*30% = 6075 pay tax
#EPF
20250-6075 = 14175 post tax return
That means the actual return is 5.6%, not 8.1%
What we need to understand is in the next FY, your principal and interest still get 8.1% interest and that's not taxed!!!!
2.5L+14175 = 264175
264175 * 8.1% = 21398 interest earned
20250-6075 = 14175 post tax return
That means the actual return is 5.6%, not 8.1%
What we need to understand is in the next FY, your principal and interest still get 8.1% interest and that's not taxed!!!!
2.5L+14175 = 264175
264175 * 8.1% = 21398 interest earned
Lot of #AMCs come up with different ideas, themes, sectors.
These are demands from #Investors as they have done well in recent past.
AMCs are manufacturers & will offer what is in demand.
Final choice to say YES or NO lies entirely with Investors based on their #NEEDs
These are demands from #Investors as they have done well in recent past.
AMCs are manufacturers & will offer what is in demand.
Final choice to say YES or NO lies entirely with Investors based on their #NEEDs
What should investors choose and what should they ignore. A point by point guide on where and why to invest in certain #themes, #MarketCap bias, #Sectors, #AssetClasses etc.
What should be criteria for these selections and what should guide them to resist from Investing?
What should be criteria for these selections and what should guide them to resist from Investing?
Lets start with #Debt:
Keep enough money as 1 year of your expenses as #EmergencyFunds in #LiquidSchemes
You already have enough exposure to debt as:
1. #PPF
2. #TaxFreeBonds
3. #FDs
No need for separate debt allocation if you are investing thru #AssetAllocation (AA) or #DAAF
Keep enough money as 1 year of your expenses as #EmergencyFunds in #LiquidSchemes
You already have enough exposure to debt as:
1. #PPF
2. #TaxFreeBonds
3. #FDs
No need for separate debt allocation if you are investing thru #AssetAllocation (AA) or #DAAF
#Financial_Freedom_Steps
मध्यमवर्गीयांना #आर्थिक_स्वातंत्र्य मिळवण्याचा मार्ग अतिशय सोप्या भाषेत –👇
✅1) जर तुमचे लग्न झाले असेल आणि तुमच्यावर कोणी अवलंबून (Dependent) असेल 👨👩👧👧- ( पत्नी , मुले , आई -वडील ) तर पहिले Pure #टर्म_इन्शुरस खरेदी करा बाकीचे सर्व नंतर
#Thread
मध्यमवर्गीयांना #आर्थिक_स्वातंत्र्य मिळवण्याचा मार्ग अतिशय सोप्या भाषेत –👇
✅1) जर तुमचे लग्न झाले असेल आणि तुमच्यावर कोणी अवलंबून (Dependent) असेल 👨👩👧👧- ( पत्नी , मुले , आई -वडील ) तर पहिले Pure #टर्म_इन्शुरस खरेदी करा बाकीचे सर्व नंतर
#Thread
✅ 2) कंपनी सोडून एखादा Private हेल्थ इन्शुरस घ्या जो की कधी Hospital Emergency आली तर तुमची कित्येक वर्षाची savings वाचवेन . पुढे सविस्तर Health Insurance बद्दल एक Thread पोस्ट करेन.
✅3) 6 महीने ते 9 महिन्याचा खर्च येवढा #आपत्कालीन_निधि ( Emergency Fund ) बनवा . उदाहरण समझा एखाद्या व्यक्तीचा महिन्याचा पगार 50000 आहे तर त्याच्याकडे 50000 x 6 महीने = 3 लाखाचा आपत्कालीन निधि असलाच हवा जो तो Job loss किवा घरात एखादी आर्थिक अडचण आली तर कमी येईन.
Thread 🧵on Public Provident Fund #PPF
Everything you need to know about PPF.
Must read for everyone, especially youngsters as retirement planning should start at young age.
(If you like then please re-tweet to maximize reach)
#InvestmentPlanning #RetirementPlanning #Pension
Everything you need to know about PPF.
Must read for everyone, especially youngsters as retirement planning should start at young age.
(If you like then please re-tweet to maximize reach)
#InvestmentPlanning #RetirementPlanning #Pension
#RetirementPlanning should start at very young age for maximum benefit of #PowerofCompounding.
& ... PPF can be one of the good investment avenues to make a large retirement corpus.
This Thread will explain details of PPF
@caniravkaria @Vivek_Investor @VidyaG88 views welcome
& ... PPF can be one of the good investment avenues to make a large retirement corpus.
This Thread will explain details of PPF
@caniravkaria @Vivek_Investor @VidyaG88 views welcome
1/n
Public Provident Fund #PPF is a retirement benefit scheme introduced by the central government.
It is a popular long-term investment option that offers a high degree of safety to your investment capital.
#ProvidentFund #Investing #InvestmentPlanning #RetirementPlanning
Public Provident Fund #PPF is a retirement benefit scheme introduced by the central government.
It is a popular long-term investment option that offers a high degree of safety to your investment capital.
#ProvidentFund #Investing #InvestmentPlanning #RetirementPlanning
A Thread 🧵80 C Deduction of Income Tax.
Must read for everyone.
A Simple way to to save tax upto Rs. 46,800 each year!
(RT to maximize reach.)
@caniravkaria @CAPratik_INDIAN views welcome 🙏
#IncomeTax #Tax #ELSS #TaxSaving #Investing #TaxPlanning
Must read for everyone.
A Simple way to to save tax upto Rs. 46,800 each year!
(RT to maximize reach.)
@caniravkaria @CAPratik_INDIAN views welcome 🙏
#IncomeTax #Tax #ELSS #TaxSaving #Investing #TaxPlanning
When the month of March starts or is about to end suddenly everyone remembers one thing #TaxSaving ...
This is where #TaxDeductions come into picture.
Deductions allowed under the #IncomeTax act help you reduce your taxable income.
This is where #TaxDeductions come into picture.
Deductions allowed under the #IncomeTax act help you reduce your taxable income.
Deduction under Section 80 C is a popular tax deduction section which allows you to claim a deduction of Rs 1.5 lakh on your total income.
By completely utilizing this deduction limit, a person can save tax upto Rs. 46,800 each year! (For person
falling in tax bracket of 30%).
By completely utilizing this deduction limit, a person can save tax upto Rs. 46,800 each year! (For person
falling in tax bracket of 30%).
Thread 🧵on Why to Invest Money ❓
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#FinancialLiteracy #InvestmentPlanning
Must read for everyone, especially youngsters....
(If you like then please re-tweet to maximize reach)
#FinancialLiteracy #InvestmentPlanning
1⃣ With the passage of time the term #Money has become one of the most important necessity of everybody’s life, without which thinking about anything is next to impossible.
