So, the once in a century budget is out. If you have been in touch and wondering what is ‘once in a century’ about it, let me share with you the popular humour. There were no new taxes! Ah! Perhaps, that is a little stretched. It may be true for a large section of the […]
Notes on PPF, VPF, NPS and Debt funds as investment options
Recently, someone pointed out to me that the PPF interest rate is now at 7.9% – the lowest in 40 years. In fact, The interest rates on various saving schemes are falling and savers are finding it difficult to decide where to put the money for getting better returns. There is a slight problem with this thinking. We tend to look […]