post office schemes, good income.. no risk.. tax incentives.. 3 punch post office schemes! – These three post office small savings schemes offer higher returns, safe investment and tax benefits

From rural people to urban people, all segments are investing in postal projects. Because postal schemes are not only safe but also give good returns.

Postpaid schemes also offer income tax benefits. Investment in postal projects can be easily done in rural areas as well. In this case, let’s have a look at the three postal schemes that provide high income and tax benefits.

Senior Citizen Savings Scheme

Senior Citizen Savings Scheme provides safe investment and good returns to senior citizens. Currently, the scheme offers an interest rate of 7.4% per annum. People above 60 years of age can invest in it. Income tax benefits are also available in this scheme.

Pension for Senior Citizens.. Do you know about LIC Pension Scheme?
General Provident Fund

A Public Provident Fund scheme is like a small savings scheme. But it comes with higher interest rate and tax benefits. Currently, the scheme offers an interest rate of 7.1%. There is no tax on interest amount and maturity amount.

Wealth Saving Scheme

Sukanya Samriddhi Account Scheme is a great mini savings scheme to invest in the future of girl children. Currently, the scheme offers a compound interest rate of 7.6% per annum. Selvam savings account can be opened in the name of girls under 10 years of age. The deposit made in this scheme is tax deductible.