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Social Security Fund
Social security fund refers to social as any organization or society, security means to secure any future uncertainty and fund means the amount that is kept aside for future or…
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Fixed Deposit
A fixed deposit is a savings or investment option where the investor receives a predetermined amount of interest over a specified period. This interest rate is set by banks and…
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Citizen Investment Trust
The Citizen Investment Trust is a government-established scheme where employees' obligations to their organizations are deposited. This ensures that employees are guaranteed their benefits upon retirement or post-retirement, as the…
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Simple Interest
A simple interest rate is a way of computing the interest accrued on a borrowed sum for a specific duration at a predetermined interest rate. The calculation involves multiplying three…
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Compound Interest
Compound interest is a concept in finance where interest is not only calculated on the initial principal amount but also on the accumulated interest of previous periods. In other words,…
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Recurring Deposit
Recurring Deposit A recurring deposit is a unique type of investment where individuals make regular monthly deposits and earn a fixed interest on those deposits. It functions similarly to a fixed deposit…
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Salary Income Tax
Salary Income Tax Calculator Salary Income tax is imposed on individuals and businesses based on their income over a month or year. Government-established tax brackets determine the amount of tax…
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SIP Calculator
"Maximizing Wealth with a Systematic Investment Plan (SIP): Benefits, Strategies, and SIP Calculator Explained" A Systematic Investment Plan (SIP) is an approach to investing in mutual funds that allows individuals…
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Saving Account
A savings account is a basic type of bank account offered by financial institutions that allows individuals to deposit money and earn interest on their savings. It's primarily used for…
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Provident Fund
A provident fund is a retirement savings fund established through contributions from both employers and employees, aiming to secure long-term financial stability for employees during retirement.
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EMI Calculator
EMI Calculator An Equated Monthly Installment (EMI) is a fixed monthly payment made by a borrower to a lender on a set schedule, covering both principal and interest. It ensures…
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