Finance

7th Pay Update

7th Pay Commission Update: DA Hike Likely by 4% — When Will It Be Announced?

If you’re a central government employee or a pensioner, this could be the update you’ve been waiting for. A hike in Dearness Allowance (DA) ...

DA Hike 2025

DA Hike 2025 Central Employees Likely to Get 4 Percent Increase in Dearness Allowance

If you are a central government employee or a pensioner, there might be some good news on the way. The government is expected to ...

8th Pay Commission

These employees of Pay Commission will be out, know whether your department is in the list or not 8th Pay Commission

8th Pay Commission: Hello friends, you should be well aware that the formation of the Eighth Pay Commission has been approved in January 2025. ...

EPFO's big bang: Save only ₹1000 and get ₹52,000 per month, know how?

EPFO’s big bang: Save only ₹1000 and get ₹52,000 per month, know how?

EPFO’s Big Dhamaka : Hello friends, investing in financial schemes is always a wise step. Every person living in the country should know that an ...

SIP Plan: A SIP of just ₹3000 per month will create a fund of ₹4500000 Prince Kumar Last updated: 2025/07/04 at 6:48 AM Prince Kumar Share 3 Min Read SHARE SIP Plan : About 99.9% of the people in the country would like to keep aside some money from their income every month. However, many people feel that nothing special can be achieved with small savings. You all can think once that if ₹3000 is saved every month and invested in the right place, then how big a sum can it become in the future? Contents What is SIP and how is the money prepared? Keep these things in mind before starting a SIP The answer is absolutely yes. Dreams can be turned into reality through Mutual Fund SIP and there are many people who have already turned their big dreams into reality. What is SIP and how is the money prepared? First of all, let us tell you all that the full form of SIP is Systematic Investment Plan. SIP is a scheme under which a little money can be invested in mutual funds every month. The biggest feature of this scheme is that over time you will also get interest on your money Along with this, interest is also provided on this interest. Which we can also do the magic of compounding. Due to this important reason, most people are considering SIP as the most effective investment method in the present time. Friends, if you all do a systematic investment plan of ₹3000 every month and do this continuously for 20 years, then the total investment amount will be ₹7,20,000. You will be given an interest rate of about 12% per annum on the amount invested, so in 20 years this amount will be more than ₹45 lakh. This means that by investing ₹3000 every month, you can create a large fund and can easily prepare for children's education, home, retirement or your daughter's marriage Keep these things in mind before starting a SIP If you also want to start SIP, you can do it easily. For this, it is necessary for all of you to have passbook, PAN card and Aadhar card. After this, you will be able to start SIP by logging on to the website of the mutual fund company or through mobile application. There is no long process for this nor is there any need for an agent. This can be started with just ₹500 and the amount can be increased as per your wish, there is no restriction in this.

SIP Plan: A SIP of just ₹3000 per month will create a fund of ₹4500000

SIP Plan : About 99.9% of the people in the country would like to keep aside some money from their income every month. However, many ...

There will be a big change in the EPS pension scheme: All pensioners will get an additional benefit of ₹ 8,000 from October 2025

There will be a big change in the EPS pension scheme: All pensioners will get an additional benefit of ₹ 8,000 from October 2025

There will be a big change in EPS pension scheme : A very good news is coming out for EPS pensioners. If you all receive ...

Pension 90% increase in 8th pay

8th Pay Commission Update: Pension 90% increase due to fitment factor, ₹1,12,500 will increase For many retirees

If you’re a central government pensioner, this could be the update you’ve been waiting for. A new discussion around the 8th Pay Commission is ...

8th pay commission Commuted Pension

Government will give a big gift in the 8th pay commission! Now you will get full pension in 12 years, Check Details

For decades, the rule has been clear: if a government employee opts for pension commutation—a lump sum taken at retirement—they must wait 15 full ...

NPS Vatsalya

NPS Vatsalya 2025: Start Saving with Just ₹1,000 — Secure Your Child’s Future for Life

If you’ve ever wished to build something meaningful for your child’s future, the Government of India has introduced a scheme that’s built exactly for ...

8th Pay CPC

8th Pay Commission: When will the 8th Pay Commission be implemented, Why Employees Are Growing Uneasy

The 7th Pay Commission was implemented back in January 2016, and since then, expectations have been building for the next revision. Normally, a pay ...