SSY vs MSSC: Post Office keeps bringing schemes for every section of the country according to their needs. To make half the country’s population self-reliant, the Post Office launches many schemes. In Budget 2023, Finance Minister Nirmala Sitharaman had launched Mahila Samman Saving Certificate Scheme according to the needs of women. As its name suggests, this scheme has been specially designed according to the needs of women.

You can get good returns by investing in this scheme in two years. Apart from this, you can get strong returns by investing in Sukanya Samriddhi Yojana for your girl child up to 10 years of age. Both the schemes have been designed according to the needs of women and by investing in them you can get strong returns. Let us know about the details of both the schemes-

Women Savings Certificate Scheme

Women of any age group can invest in this scheme and the maximum investment amount in it is Rs 2 lakh. You can avail the benefit of 7.50 percent fixed interest rate by investing money in this scheme for 2 years. Under this scheme, a rebate of Rs 1.50 lakh is available on the amount deposited under Section 80C of Income Tax. If you invest Rs 2 lakh under this scheme in December 2023, you will get Rs 2,32,044 lakh on maturity.

Sukanya Samriddhi Yojana

The Modi government at the Center had started Sukanya Samriddhi Yojana in the year 2014. This scheme was especially created keeping in mind the needs of women. Under this scheme, you can open a Sukanya Samriddhi account for a girl up to 10 years of age and get huge returns by investing Rs 250 to Rs 1.50 lakh per year. Under this scheme, which is run in the name of the daughter, the girl can withdraw up to 50 percent of the deposited amount after crossing the age of 18 years.

The entire amount can be withdrawn at the age of 21 years. By investing in this scheme, you will be free from the tension of your daughter’s education and marriage expenses. Under this scheme, the government is currently giving the benefit of 8 percent interest rate on the amount deposited.

MSSC vs SSY

Both Mahila Samman Savings Certificate and Sukanya Samriddhi Yojana schemes have been launched keeping in mind the needs of women, but the thing to note is that MSSC is a short-term savings scheme. Whereas SSY is a long term savings scheme.

By investing in Sukanya account, you will be free from the tension of your daughter’s education and marriage expenses. To get higher returns in short term, you can invest in MSSC account.

The post Post Office Scheme : Women can become rich by investing in these two post office schemes, getting returns worth lakhs! first appeared on Rightsofemployees.com.

Through these schemes the government tries to make women self-reliant. Similarly, Sukanya Samriddhi Yojana (SSY) is being run by the Central Government for such daughters. The scheme has been launched by the Modi government at the Center to make special daughters self-reliant. Through this scheme, you can create a big fund by gradually depositing small amounts of money. At present, interest on Sukanya Samriddhi Yojana is 8 percent per annum.

There is no risk in investing in SSY. By investing in this scheme you can improve the future of your daughters. In this, the maturity amount is received when the daughter turns 21 years of age. This is the highest interest paying scheme among small savings schemes. The interest rates of Small Savings Scheme are reviewed every quarter.

How much return will you get on a monthly investment of Rs 5000?

By depositing Rs 5000 every month in Sukanya Samriddhi Yojana, you will have to deposit Rs 60,000 in a year. In this way, you will invest a total of Rs 9,00,000 in 15 years. Do not deposit money between 15 and 21 years. But interest will continue to be added on your amount at the rate of 8 percent. Now on total investment of Rs 9 lakh, you will get Rs 17,93,814 as interest. This will be almost double the total investment.

In such a situation, you will get a total of Rs 26,93,814 on maturity i.e. around Rs 27 lakh. You can start this scheme by investing at least Rs 250 annually. You can invest a maximum of Rs 1,50,000 annually.

Tax benefits are also available

Sukanya Samriddhi Yojana is a tax free scheme. Tax exemption is available on this at three different levels i.e. EEE. First, exemption on annual investment up to Rs 1.50 lakh under Section 80C of the Income Tax Act. Secondly, there is no tax on the returns received from it. Third, the amount received on maturity is tax free.

Open an account before the age of 10 years

Under Sukanya Samriddhi Yojana, account can be opened before the daughters complete 10 years of age. Accounts of maximum two daughters of the family can be opened in this scheme. By investing in this scheme, you can prepare funds for your daughter’s marriage and higher education.

The post Sukanaya Samrodhi Yojana! By depositing Rs 5000 every month, you will get Rs 26,93,814 on maturity first appeared on Rightsofemployees.com.

At the same time, a scheme is also being run by the government to promote small businesses. Its name is Pradhan Mantri Mudra Yojana. Through this scheme, loans are being made available to small businessmen by the government.

Mudra Yojana

Several schemes were launched by Prime Minister Narendra Modi. Through these schemes, different benefits are being provided to the people. Meanwhile, Pradhan Mantri Mudra Yojana (PMMY) was launched in April 2015 by Prime Minister Narendra Modi. Under this scheme, loans ranging from Rs 50 thousand to Rs 10 lakh are provided to non-corporate, non-agricultural small / micro enterprises under PMMY.

Loan amount

In this scheme, the loan amount is divided into three categories. This includes ‘Child’, ‘Kishore’ and ‘Tarun’. Different loan amounts are given in these three categories. Loans up to Rs 50,000 are given under Shishu. Loans ranging from Rs 50,000 to Rs 5 lakh are given under Kishor. And under Tarun, loans ranging from Rs 5 lakh to Rs 10 lakh are given.

Loan Application

If loan is to be taken under Mudra Yojana, then this loan is given through Commercial Banks, RRBs, Small Finance Banks, MFIs, NBFCs. Anyone who wants a loan can contact these banks or can also apply by visiting www.udyamimitra.in .

The post Super MUDRA Yojana: You will get 10 lakh rupees in this scheme, know complete details first appeared on Rightsofemployees.com.

This scheme can be easily opened in the form of a savings account in the name of the girl child in the post office and specified private or public banks. The interest rates of Sukanya Samriddhi Yojana are declared quarterly.

Sukanya Samriddhi Yojana

Sukanya Samriddhi Yojana can be opened in the name of a girl child below 10 years of age. Presently the scheme is providing 7.6% interest on deposits. Sukanya Samriddhi Yojana was launched as part of the ‘Beti Bachao Beti Badhao’ campaign of the Government of India. Investment plan can be opened in the name of a girl child to help her guardian in meeting the financial needs including education and marriage.

Investment Amount

This scheme is currently offering an interest rate of 7.6 per cent per annum. A person planning to invest in Sukanya Samriddhi Yojana can start the scheme any time after the birth of the girl child till the age of 10 years with a minimum deposit of Rs.250. At the same time, in this scheme, an amount of up to Rs 1,50,000 can be deposited in a financial year.

Income Tax Exemption

On the other hand, if you are looking for any tax exempt scheme, then know the updates regarding Sukanya Samriddhi Yojana as well. You can also invest in this scheme for tax exemption. Through this scheme, people can take advantage of tax exemption under section 80C of the Income Tax Act.

The post Sukanya Samriddhi Yojana: Big news! If you invest money in Sukanya scheme then stop! First know this big update first appeared on Rightsofemployees.com.

At the same time, many schemes are being offered by the government with the intention of attracting people to invest for the long term. One of these schemes is also Public Provident Fund (PPF). Through PPF, people get a chance to save and invest for a long time.

Interest Rate

Under the PPF scheme, an investor can make a minimum investment of Rs 500 in a year. At the same time, a maximum investment of Rs 1.5 lakh can be made in this scheme in a year. At present, 7.1 percent interest is being given by the government in this scheme.

PPF Tenure People are encouraged to invest in this scheme of the government for a long period. Investment can be made in this scheme for a tenure of 15 years. On the other hand, if the investment is to be continued even after 15 years, then according to 5-5 years it can be extended even further. Talking about the maturity amount, it depends on the investment.

PPF Aadhaar Linking At the same time, it is very important to do one thing in the Public Provident Fund (PPF) and it should be done immediately, otherwise even years of hard work can turn water. Actually, PPF account should also be linked with Aadhaar card. Many tasks will become easier when PPF account is linked to Aadhaar card.

Link Aadhaar Card with PPF

• First login to your internet banking account.
• After this choose Registration of Aadhaar Number in Internet Banking.
• After this enter the 12 digit Aadhaar number and click on Confirm.
• After this, choose your PPF account, which you want to link with Aadhaar card.
• After this click on Inquiry and check whether your Aadhaar card is linked to PPF account or not.

The post PPF Account: Big news! Do this work immediately in PPF account, otherwise…. first appeared on Rightsofemployees.com.

LIC Policy Status : Many schemes are being run by LIC, but today we will tell you about a policy through which you can earn Rs 36000 per month. LIC is also giving investors an opportunity to earn every month. Apart from this, the security of life and the guarantee of Rs.

Resuming plan

The name of this policy is LIC Jeevan Akshay Policy and this scheme is being started once again by the company. Under this policy, you can earn for life by paying installment only once. Jeevan Akshay Policy is a single premium non linked non participating and personal annuity plan.

There is no limit of maximum investment, let us tell you if you want to invest a little money, then you also have the option of pension of Rs 12000 annually. On the other hand, if you have more money to invest in, then you can choose other options. You can earn every month even by investing only 1 lakh rupees. On investing 1 lakh, you will get 12000 rupees every year. At present, there is no maximum investment limit in this scheme.

Who can take advantage of this policy

>> People from 35 years to 85 years can take this policy.
>> Apart from this, disabled people can also take advantage of this policy.
>> In this policy, you can take advantage of the option of getting pension in 10 ways.

How to get Rs 36000 per month To get Rs 36000 per month in this policy, you have to select the option of Annuity payable for life at a uniform rate. In this, you will get a lump sum pension every month. For example- If any 45 years old person takes this plan and opts for Sum Assured option of Rs 70,00,000 then he will have to pay a lump sum premium of Rs 71,26,000. After making this investment, he will get a pension of Rs 36429 every month. Let us tell you that after the death of the person, this pension will stop.

The post New LIC Policy: Good news! You also have LIC policy, so now you will get Rs 36000 every month, you will earn for life first appeared on Rightsofemployees.com.

At the same time, the government is also running many schemes for the health of the people. In such a situation, ration card is also issued by the government to give ration to the people for free or at low cost. If you have also applied for ration card, then keep some things in mind.

documents for application

The ration card issued by the Delhi government is also an important document to prove one’s identity across the country. To apply for ration card in Delhi, the applicant also has to submit many documents. These include electricity bill, house rent receipt, telephone bill and bank passbook. Apart from this, passport size photograph of each family member should also be included in it.

On the other hand, if someone has applied for a ration card in Delhi, then his status can also be checked. For this…

Go to the official website of Department of Food, Supplies and Consumer Goods.

– Go to ‘Citizen’s Corner’ on the right side of the page.

After this select ‘Track Food Security Application’ from the option.

After selecting the option the applicant has to provide the following information- Aadhar Card, New Ration Card Number, Old Ration Card Number, NFS Application ID and Online Citizen ID.

The procedure to download e-ration card from the website is as follows:

– Visit the official website of Department of Food, Supplies and Consumer Affairs, Government of Delhi.

– On the homepage, check the “Citizen’s Corner” section.

Select the option to generate e-card.

– Enter the required information: Ration card number, Aadhar number/NFS ID of the head of the family, date of birth of the head of the family and the registered mobile phone provided at the time of registration.

– Click on ‘Submit’ button.

Once the process is complete the e-ration card will appear on the screen and can be downloaded by selecting the ‘Download’ option.

The post Ration Card Download: Ration card download and online check status, know full details first appeared on Rightsofemployees.com.