The Post Office's Monthly Income Program 2023 is the best investment for 5 years with a maximum limit of Rs 4.5 lakh for sole proprietorship and Rs 9,000 for joint ownership. . The central government currently sets the interest rate at 7.1% per annum (w.e.f 1 Jan 2023) payable monthly. Subscribers can calculate their earned interest through the MIS calculator and also view the bonus amount after each month. Any candidate who wants to have a regular monthly income can invest. A PO-MIS investment does not qualify for any tax benefits under s/c 80 C and the interest earned is fully taxable. The account may be closed at the expiration of 5 years from the date of opening by sending the prescribed application form together with the passbook to the relevant post office. In the event the account holder dies prematurely, the account may be closed and the funds will be returned to the legal representative/heir. Interest will be paid until the previous month in which the repayment is made. T
DIGITAL BHARAT KI CHAUPAL