SAVING MONEY ARTICLE
Two-and-a-half-year-old kid moved by PM's speech, donates all her piggy bank money
The child was so moved by the current situation caused by the spread of the virus that she made an instant announcement to contribute her savings to the Prime Minister's fund. She got her father's permission to break the 'hundi' and the parents counted the amount saved by the tiny-tot, which was around Rs 4,400.
HDFC Retirement Savings Fund
HDFC Retirement Savings Fund – The gateway to save tax now, and retire in style tomorrow When it comes to retire...
View: Corona lockdown is needed but it might put the economy on ventilator
The lockdown is justified. The Covid-19 coronavirus, which can gro...
No games, big losses: Money crisis faces US Olympic sports
The postponement of the Tokyo Games has catapulted the sports organizations that make up the backbone of the U.S. Olympic team into crisis.
Fed going all in to save economy. Here’s what could come next
In just a week, the Fed has gone through many of its crisis-era moves to fight the virus.
Tax-saving investments for FY 2019-20 allowed till June 30, 2020
According to chartered accountants, this means that individuals can complete their tax-saving exercise for the ongoing financial year 2019-20 by June 30, 2020.
View: Refusing free money is a sign of fear
Don’t ignore the warning, particularly in South Korea, a reliable indicator of trouble in the past. What’s happening in an esoteric corner of currency markets will also shape banking trends.
I have saved Rs 20,000 from my pocket money. How can I grow this money in 10 years?
You can invest in mutual funds, preferably as SIPs over the next few months. You can keep topping up your investment every time you have funds to spare. You can start a SIP with you as the sole account holder represented by your parent or guardian.
Save Tax with IDFC Tax Advantage (ELSS) Fund
Equity Linked Saving Scheme ELSS is a category of mutual fund that lets you invest in equity market for long term wealth creation while also letting you sa...
My PPF account will mature on March 31. Where can I invest this money for the short term?
There are few choices such as Post Office Time Deposits or debt mutual funds other than bank FDs. A one-year time deposit at the post office will earn 6.9%, calculated quarterly and paid annually. The minimum lock-in is 6 months.
Family finance: Aggressive investment will help Bhardwaj achieve all money goals with ease
Kuldeep Bhardwaj's goals include building an emergency corpus, buying a house, taking a vacation, saving for children’s education and weddings, and retirement.
Is it a good idea to invest in ELSS funds now to save taxes?
If you have any mutual fund queries, message on ET Mutual Funds on Facebook. We will get it answered by our panel of experts.
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