Saving investment
This query is : Resolved
Querist : Anonymous
Querist :
Anonymous
(Querist)
26 January 2013
Dear Sir,
A house wife aged about 55 years want to invest Rs.6 lacs of her savings. Please suggest me which of following schemes would be better for investment -
1. NSE
2. PPF
3. FD
4. Post office MIS
Please suggest your view, Is there any scheme, which does not attract tds provision?
A house wife aged about 55 years want to invest Rs.6 lacs of her savings. Please suggest me which of following schemes would be better for investment -
1. NSE
2. PPF
3. FD
4. Post office MIS
Please suggest your view, Is there any scheme, which does not attract tds provision?
26 January 2013
post office MIS
26 January 2013
I think NSE.
because PPF is for 15 years. if she has not account before. which you didn't clarify
FD, I am taking FD as tax saving FD because you are talking about investment. as she is 55 yrs. so as practically it is not suggested to invest for 5 years min.
Post office mis is monthly so you will not invest 6 lac in one time. thats why it is also not advisable
NSE can be matured easily before time. so i prefer NSC for 55 yr old
because PPF is for 15 years. if she has not account before. which you didn't clarify
FD, I am taking FD as tax saving FD because you are talking about investment. as she is 55 yrs. so as practically it is not suggested to invest for 5 years min.
Post office mis is monthly so you will not invest 6 lac in one time. thats why it is also not advisable
NSE can be matured easily before time. so i prefer NSC for 55 yr old
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