The post office provides a number of deposit schemes for people who are looking to invest their money. These schemes are also called small savings schemes and they are backed by the central government. Also, some of these schemes offer tax benefits under section 80C of the Income-tax Act. The government reviews and fixes the interest rate offered on these schemes quarterly. If you are planning to invest in post office schemes you must watch this video. In this video, there are complete details about the post office Schemes.
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