I can't set aside 12% as EPF, but rather plan to go the standard deduction route.
But I still have some money left, lets say. Where can I park it monthly basis which wiuld give me safe returns like EPF?
1 year FDs give around 7%+ nowadays While PF is 8.25% I would say FD is good option for your usecase
Thank you
What about the direct 30% taxation of FD? Park it in an index fund if you don’t need the money in short term, this is the safest bet.
Gold ETF
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