Parents and guardians can contribute to a pension account for their children's future through the NPS Vatsalya Scheme, a pension plan specifically for minors. The features, advantages, and investment alternatives of the program are all covered in detail in this thorough book, which makes it a must-read for anybody hoping to protect their child's finances.

This comprehensive guide covers the tax benefits of investing in Sukanya Samriddhi Yojana, a government-backed savings scheme for girl children. The guide provides an overview of the scheme's eligibility, tax benefits, and additional advantages, making it an essential resource for anyone considering this investment option.

The article "ELSS vs PPF: Which Tax-Saving Option is Better?" compares two popular tax-saving investments in India: Equity Linked Savings Scheme (ELSS) and Public Provident Fund (PPF). ELSS invests in equity markets, offers tax benefits under Section 80C, has a three-year lock-in period, and potentially higher returns subject to market risks. Returns above Rs. 1 lakh are taxed at 10%. PPF, a government-backed savings scheme, also offers tax benefits under Section 80C. It has a fixed interest rate of 7.1% per annum, a 15-year lock-in period, and tax-free interest earnings. The choice between ELSS and PPF depends on an investor's goals, risk tolerance, and investment horizon. ELSS suits those willing to accept higher risk for potentially higher returns, while PPF is ideal for those seeking low-risk, fixed returns. The article provides a concise comparison to help investors decide based on their preferences.