This is an email received. The Financial Planning Edition Issue Date: February 19, 2013 7 things you should know about PPF 1. PPF - a government backed long term small savings scheme Public Provident Fund (PPF) is a scheme of the Central Government, framed under the PPF Act of 1968. Briefly, the PPF is a government backed, long term small savings scheme which was initially started by the Government because it wanted to provide retirement security to self-employed individuals and workers in the unorganized sector. It is today the most popular investment made by Indian citizens. If you are keen on a safe investment, a decent rate of return, tax benefits (deduction and tax free interest) and have a long term investment horizon, then the PPF is for you. It is a disciplined investment avenue as your money is blocked for 15 years. 2. How do I open a PPF account? What should I keep in mind when opening my PPF account? Head over to your nearest State Bank of India branch, or a
The very easy formula for success, I have found is KASH K = Knowledge A=Attitude S= Skill H= Habit K stands for knowledge that a person gains from school, college, universities or any other training institute. Education empowers and transforms the person to be better for self and for the world. A= Attitude Despite best education if a person does not have good attitude i.e. an intent to believe that the education I have is not good or is faulty and I should not work to improve myself - does not lead person to be successful in life. S = Skill I view skill as that part of knowledge which is used for the purpose of turning stones into statues. Best education when not applied properly cannot give the desired results to the person. H= Habit Last but not the least is habit. Despite having KAS if the person does not have the regularity to do what s/he desires, nothing can be achieved. KAS remains a hype in itself. हिंदी में कहते कहते हैं : करत करत अभियास के जढम
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