Saving Schemes

Is NSC (National Savings Certificate)

National Savings Certificate (NSC) is a popular fixed-income investment scheme backed by the Indian Government. It is specifically for small to mid-income investors to encourage them to invest while saving on taxes.

PF Contribution Break Up

There are three parts to the PF: Employees’ Provident Fund (EPF), Employee Pension Scheme (EPS) and EDLI (Employees Deposit Linked Insurance Scheme). In the Employees’ Provident Fund (EPF), the contributions are made by both the employer and the employee. While in EPS and EDLI, only the employer contributes towards the PF.