“Explore how to grow your money with ‘”7 Tax-Free and High-Profit Government Investment Schemes to Increase Your Money”! From time-tested to cutting-edge strategies, this video guides you through ways to boost your wealth. Subscribe for practical insights and kickstart your journey toward achieving your financial goals!”
==============================================================
Follow My Social Links Here
Instagram:
Twitter:
Facebook:
==============================================================
Recommended Videos: 👇
Watch This
Watch This
==============================================================
Your Queries: – 👇
➡️ What are benefits of investing in Senior citizen savings scheme?
➡️Sukanya Samriddhi Yojana benefits
➡️Public Provident Fund interest rate and benefits?
➡️Benefits of post office monthly income scheme?
==============================================================
Time stamps:
00:00 Introduction
00:57 Senior citizen savings scheme
02:08 Sukanya Samriddhi Yojana
03:26 Public Provident Fund
04:20 National Pension Scheme
06:58 Sovereign gold bond
09:21 Post office Monthly income scheme
10:14 National Saving certificate
================== ========================================
Tags: – 👇
#ppf #seniorcitizens #sukanyasamriddhi #nps #sovereigngoldbonds #postofficemonthlyincomescheme #nationalsavingcertificate
==============================================================
Stay Connected & Don’t Forget To SUBSCRIBE❤️
Thanks For Watching 😊…(read more)

LEARN MORE ABOUT: Qualified Retirement Plans

REVEALED: How To Invest During Inflation

HOW TO INVEST IN GOLD: Gold IRA Investing

HOW TO INVEST IN SILVER: Silver IRA Investing

Investing is a crucial part of financial planning, and with the availability of various government investment schemes, individuals have multiple options to grow their money while also enjoying tax benefits. The government offers several tax-free and high-profit investment schemes that not only help in increasing one’s wealth but also provide a sense of security for the future. Here are 7 government investment schemes that provide tax benefits and high-profit potential.

1. Public Provident Fund (PPF):
One of the most popular tax-free investment options in India, the Public Provident Fund (PPF) offers a high rate of interest and tax benefits under Section 80C of the Income Tax Act. The current interest rate on PPF is 7.1% per annum, and the returns are fully exempt from tax. Additionally, the investment made in PPF qualifies for a tax deduction of up to Rs. 1.5 lakh under Section 80C, making it an attractive and reliable investment option.

2. National Pension System (NPS):
The National Pension System (NPS) is a voluntary, long-term retirement savings scheme launched by the government. It provides tax benefits under Section 80CCD (1) and Section 80CCD (1B) of the Income Tax Act. The contributions made towards NPS are eligible for a tax deduction of up to Rs. 1.5 lakh under Section 80CCD (1), and an additional deduction of Rs. 50,000 under Section 80CCD (1B). With the potential for high returns and tax benefits, NPS is a great investment option for retirement planning.

3. Sukanya Samriddhi Yojana (SSY):
Sukanya Samriddhi Yojana is a government-backed savings scheme aimed at promoting the welfare of the girl child. It offers a high rate of interest and tax benefits under Section 80C of the Income Tax Act. The contributions made towards SSY are eligible for a tax deduction of up to Rs. 1.5 lakh under Section 80C, making it an excellent investment option for securing the future of your daughter.

4. Equity Linked Savings Scheme (ELSS):
ELSS is a type of mutual fund that offers tax benefits under Section 80C of the Income Tax Act. It has the potential for high returns as it invests primarily in equities. With a lock-in period of just 3 years, ELSS is a suitable investment option for individuals looking to save tax and earn high profits in the long run.

5. National Savings Certificate (NSC):
National Savings Certificate is a tax-saving investment scheme offered by the government. It provides a fixed interest rate and tax benefits under Section 80C of the Income Tax Act. The contribution made in NSC qualifies for a tax deduction of up to Rs. 1.5 lakh under Section 80C, and the interest earned is deemed to be reinvested and eligible for tax deduction, making NSC a tax-free investment option with the potential for high profits.

6. Tax-saving Fixed Deposits:
Certain banks offer tax-saving fixed deposits that come with a lock-in period of 5 years and provide tax benefits under Section 80C of the Income Tax Act. The contributions made in tax-saving fixed deposits qualify for a tax deduction of up to Rs. 1.5 lakh under Section 80C, and the interest earned is fully taxable. With guaranteed returns and tax benefits, tax-saving fixed deposits are a secure investment option for individuals looking to save tax and increase their wealth.

7. Atal Pension Yojana (APY):
Atal Pension Yojana is a retirement benefits scheme designed for unorganized sector workers. It offers guaranteed returns and tax benefits under Section 80CCD (1) and Section 80CCD (1B) of the Income Tax Act. The contributions made towards APY are eligible for a tax deduction of up to Rs. 1.5 lakh under Section 80CCD (1), and an additional deduction of Rs. 50,000 under Section 80CCD (1B), making it an attractive investment option for retirement planning.

In conclusion, government investment schemes provide an excellent opportunity for individuals to grow their money while enjoying tax benefits. By investing in tax-free and high-profit government schemes, individuals can secure their financial future and achieve their long-term financial goals. It is essential to consider the risk factors and the investment tenure while choosing the right government investment scheme that suits your financial needs. Consulting with a financial advisor can help in making informed investment decisions and maximizing the benefits from these government investment schemes.