New Delhi. Many such schemes are being run by the central government where you can stay tension free by investing. Not only do you get good returns on investments made in these schemes, but they are also tax free. If you are looking for such a government scheme, then today we are telling you about some such best option in which you can earn double profit by investing money.
These five schemes have many advantages. The security of capital along with fixed income is the specialty of this scheme. So let’s talk about them all…
1. Atal Pension Yojana
2. National Pension Scheme
3. Sukanya Samriddhi Yojana
4. National Savings Certificate
5. Sovereign Gold Bond
1. Atal Pension Yojana In Atal Pension Yojana
Not only can you be entitled to more pension every month by depositing less amount, but you can also get the benefit of it to your family in case of untimely death. If you are 18 years old and want to get a pension of Rs 1,000 every month, then only Rs 42 will have to be deposited in it every month. If the pension is to be taken Rs 5,000 a month, then a premium of Rs 210 will have to be deposited per month. On investment in this, you also get tax exemption under section 80C of the Income Tax Act.
2. National Pension Scheme
NPS is regulated by the Pension Fund Regulatory and Development Authority. You have to invest in this scheme till the age of 60 years. After this, you get an amount from the life insurance company out of 40 percent of the amount deposited every year, while you can withdraw the rest. There is no tax on the amount invested under NPS.
3. Sukanya Samriddhi Yojana
Under this scheme, an account of a girl child below the age of 10 years can be opened, which is easily opened in the post office or any big bank. Sukanya Samriddhi account can be opened with a minimum deposit of Rs 250 and in a financial year the minimum deposit has been fixed at Rs 250 and maximum Rs 1.5 lakh.
4. National Savings Certificate
By investing in NSC, your money not only increases, but you also get benefit in tax. At the same time, the interest on investment made by the government in NSC is also very good. It has a maturity period of 5 years and the investment made in it can also get tax exemption up to Rs 1.5 lakh under 80C.
5. Sovereign Gold Bonds
The Reserve Bank of India (RBI) issues sovereign gold bonds on behalf of the Government of India. Investors can invest money in it and can redeem it after maturity. Let us tell you that there is no making charge or purity charge on Sovereign Gold Bond. These bonds can be kept in Demat account and TDS is also not deducted on it.
