If you are planning for your retirement, then let us tell you that the government runs many schemes for the convenience of the people. By investing in them, you can get good returns on your hard earned money. Let’s know how?
Now you will not have to worry about retirement planning, these government schemes will give benefits
If you are planning for retirement then you do not need to worry about it. Yours retirement planning Now the government has made it easy. In this year’s budget, the Central Government has doubled the investment limit in Senior Citizens Savings Scheme (SCSS). Along with this, the limit of Post Office Monthly Income Scheme (POMIS) has been increased to nine lakh rupees. In such a situation, only senior citizens can invest in SCSS. At the same time, anyone can invest in the monthly income scheme.
In SCSS you get interest every month. Apart from this, you can also invest up to Rs 15 lakh in Senior Citizen Pradhan Mantri Vaya Vandan Yojana (PMVVY). But, the last date to invest in it is March 31, 2023. After this this scheme will be closed.
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Can invest up to 54 lakhs
If a man wants, he can invest up to Rs 54 lakh in these three schemes. At the same time, women senior citizens can invest up to Rs 56 lakh with the help of these schemes. This year a special launch has been made for women in the budget. Mahila Samman Savings Certificate. In this, women can save for 2 years. Similarly, for a senior citizen husband-wife, there is a total investment option of about Rs 1.1 crore in these schemes. Which can give a return of more than eight lakh rupees annually at the current interest rate. However, you will also have to pay tax on this return. You can consider PPF to get tax free returns.
You can invest in these schemes
- Senior Citizen Saving Scheme ie SCSS
- Post Office Monthly Income Scheme ie POMIS
- Pradhan Mantri Vaya Vandan Yojana PMVVY
- Mahila Samman Savings Letter MSSC
By saving in these schemes, you can spend your post-retirement time without any tension and hassle. You will not need to depend on anyone for this.
