When did you last wrote anything to your friend, colleague, or relative using a pen and paper and how many time have send it through the Indian Post. (if at all you have written it on piece of paper). Writing letters to loved one is a passé and letters are now digitized or have been replaced by voice.
But still as I’m writing on Indian Post I wanted you to think of the Indian post, now what is the picture that comes inforont of you. Correct me if I’m wrong on any of the points
1) A postman with a old bag on a bicycle.
2) A postman who may not be shaved propery.
3) A face with less aspirations, and energy
4) A Person tired of cycling and heat and what not.
But very few of us might know that Indian Post works on six sigma. I’ll not go much deep in six sigma but try to dig some hidden jewels from Indian post office and its services
1) It has most widely distributed post office system in the world.
2) It has been the only medium of communication in remote villages where the courier boy will not dare to deliver.
3) It has delivered the cheapest and easiest mode of communication, even the postman in villages will write and read a letter for you, because the association is relation based
Apart from the services mentioned there are some excellent Financial services provided by Indian post, In the time of recession where most of the bank have reduced there deposit rate this is the only organization providing a high interest rate to the depositors. For a person who want to safe guard his investment from fluctuating interest rate Indian post office offers excellent investment option
Post Office Monthly Income Scheme
The scheme (MIS) provides monthly payment of interest to investors. This is ideal for Retired person or to the investors who want to invest and earn interest on a monthly basis for their livelihood. This is an excellent source of regular income on a long term basis.
How you can Put it your Use
If you are an aggressive investor invest some 1,50,000 in it for 5 years, This will fetch you an Intrest of 1000 Ruppes per month, Now invest this amount in any of the SIP available in the market and you are done, Your principal is safe and you are betting on intrest component. Believe me SIP from any of the mutual fund will give you a 10-15% return whatever may be the condition.
So you are enjoying the benefits of wealth protection and Wealth multiplication as well
National Savings Certificates
National Savings Certificates (NSC) scheme combines growth in money with reductions in tax liability as per the provisions of the Income Tax Act, 1961. The duration of the same being 6 years.
How you can Put it your Use
The maturity period for this scheme is 6 years and if you keep on investing each year till 6 years you will be relieved from tax burden for ever, because the first investment will double and mature in 6 year and so the remaining investment maturing every sixth year and for the upcoming year 6th year onwards you can invest the matured amount again to the same scheme.
But still as I’m writing on Indian Post I wanted you to think of the Indian post, now what is the picture that comes inforont of you. Correct me if I’m wrong on any of the points
1) A postman with a old bag on a bicycle.
2) A postman who may not be shaved propery.
3) A face with less aspirations, and energy
4) A Person tired of cycling and heat and what not.
But very few of us might know that Indian Post works on six sigma. I’ll not go much deep in six sigma but try to dig some hidden jewels from Indian post office and its services
1) It has most widely distributed post office system in the world.
2) It has been the only medium of communication in remote villages where the courier boy will not dare to deliver.
3) It has delivered the cheapest and easiest mode of communication, even the postman in villages will write and read a letter for you, because the association is relation based
Apart from the services mentioned there are some excellent Financial services provided by Indian post, In the time of recession where most of the bank have reduced there deposit rate this is the only organization providing a high interest rate to the depositors. For a person who want to safe guard his investment from fluctuating interest rate Indian post office offers excellent investment option
Post Office Monthly Income Scheme
The scheme (MIS) provides monthly payment of interest to investors. This is ideal for Retired person or to the investors who want to invest and earn interest on a monthly basis for their livelihood. This is an excellent source of regular income on a long term basis.
How you can Put it your Use
If you are an aggressive investor invest some 1,50,000 in it for 5 years, This will fetch you an Intrest of 1000 Ruppes per month, Now invest this amount in any of the SIP available in the market and you are done, Your principal is safe and you are betting on intrest component. Believe me SIP from any of the mutual fund will give you a 10-15% return whatever may be the condition.
So you are enjoying the benefits of wealth protection and Wealth multiplication as well
National Savings Certificates
National Savings Certificates (NSC) scheme combines growth in money with reductions in tax liability as per the provisions of the Income Tax Act, 1961. The duration of the same being 6 years.
How you can Put it your Use
The maturity period for this scheme is 6 years and if you keep on investing each year till 6 years you will be relieved from tax burden for ever, because the first investment will double and mature in 6 year and so the remaining investment maturing every sixth year and for the upcoming year 6th year onwards you can invest the matured amount again to the same scheme.
No comments:
Post a Comment
I would like to have your Opinion on this. Please feel free to share your views!!!!