For those of you , Who haven't heard about this yet...
The investment limit for POMIS has been increased from 3 Lakhs to 4.5 Lakhs. For a joint account, the investment limit has been raised to Rs. 9 Lakhs.
But with 8% return, POMIS is not an attractive investment aveneue currently.
POMIS- Post Office Monthly Income Scheme.
1 comment:
is the investment made here ... is eligible for tax exemption...
Is the intrest earned is also exempted?
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