Is Mahila Samman Savings Certificate worth investing? | CA Rachana Ranade

[@CARachanaRanade]

✔️ To enroll for Mastering Money Management course click on the link below: link.rachanaranade.com/MMMENG ✔️Kickstart your Investment Journey: link.rachanaranade.com/Zerodha

[@shankar4005]

This is just a namesake scheme. Not attractive for most people. Atleast if the govt is glorifying it for women , it should not be taxed. Thanks for the information 🎉

[@subhamkeshri8708]

So where is equality?😂 Just kidding 😂

[@sourav6050]

iss sal bhi coolest CA of the year ka award jata hai RACHNA MAM ko❤

[@RyanContreras72]

I began my investment journey at the age of 39, primarily through hard work and dedication. I am to share that my passive income exceeded $100k in a single month for the first time. This success reinforces the importance of the advice mentioned earlier. It is not about achieving quick wealth, but rather ensuring long-term financial prosperity.

[@alicebenard5713]

Investors should exercise caution with their exposure and exercise caution when considering new investments, particularly during periods of inflation. It is advisable to seek guidance from a professional or trusted advisor in order to navigate this recession and achieve potential high yields.

[@brittanynicolette9473]

This is superb! Information, as a noob it gets quite to handle all of this and staying informed is a major cause, how do you go about this are you a pro investor?

[@RyanContreras72]

Through closely monitoring the performance of my portfolio, I have witnessed a remarkable growth of $500k in just the past two quarters. This experience has shed light on why experienced traders are able to generate substantial returns even in lesser-known markets. It is safe to say that this bold decision has been one of the most impactful choices I have made recently.

[@Jessicatorres_768]

wow that’s stirring! Do you mind connecting me to your advisor please. I desperately need one to diversified my portfolio.

[@blessingpaul5484]

Do you mind sharing info on the adviser who assisted you? I’m 40 now and would love to grow my stock portfolio and plan my retirement

[@aparnasagar8483]

Thank you for giving us such interesting and useful tips and information. You do it so well

[@girishpotti2242]

Small finance bank interest rate is 8+ and it will be foolish to invest in this scheme. You can invest upto,5L and it is safe as per DIGCC, please bring a comparison video with other better options available in the market and enlighten your viewers. You should influence the government to bring good products for our Indians and support the investor members community

[@saquibkamal9824]

Thank you so much mam i was confused about this scheme cauz i have decided to do this for my mom , but you have cleared all my worries And confusions . You're such a gem in the industry .

[@CARachanaRanade]

Thank you 😇

[@sankaranarayanann949]

Super demo in simple way.

[@vinaypradhan1]

As usual Excellent Video. But the Language convertion feature Awsum. Thank you

[@NidhiSingh-yx5sl]

You have cleared all my worries mam thanks a lot😊

[@arpitgershom2264]

Is it going to beat inflation? No... better is mutual fund or etf for long time...

[@crabsdiary52991]

Wonderful and very informative video👍. Ma'am but can we invest in this scheme now as that date has already passed??

[@gkscnss]

Hi Rachana, i have gone through the video, all saving scheme are good and people need to save money. i cannot able to see any other benefit other than Tax Exemption. On Interest rate you told on compounding but this available in Normal FD also but here it is locked. and when u told this scheme has fixed interest rate for reinvesting after 6 month and in regular FD the interest rate 0.5% less and has possibility interest rate to become higher also.(but nowadays the interest rate is getting higher.).

[@afreenshirazi6396]

There is no Tax benefit or excemption in the scheme. check again.

[@kkvrajkiran]

Yes.. as stated. If we compare to invest today in normal FD or this scheme, in this Mahila Scheme we Get 0.50bps for lock-in for 2yrs. Also target for promoting small time investments to Mahila for regular investments.. Thanks CA Rachna..for the info..

[@nikhilbankar7080]

Thank you mam for investing in MSSC and making a video on it 🙏🏻

[@Charusaivlogs]

No limit on number of account but gap between two account should be 3months What exactly it means in scheme

[@Namaste_5]

Fantastic explanation! You are simply amazing!

[@CARachanaRanade]

Thank you 😊

[@weekendideas7874]

Hello mam , Whether quarterly interest will be credited to the savings account or again into mssc account for interest calculation and will interest be credited only after 2 yesrs ...

[@saintchristopher8228]

❤❤❤Days are not far when Each and Every Millionaire will leave this country....❤❤ Because paying Tax in this country is like doing a Charity with No service in return of our Tax..... ❤❤ Only 5 % Indians pay Income tax while 95% Indians enjoy all the freebies and Subsidies....😂😢So With such a Strict watch ,Vigil Rules-Laws of Tax Authority(I.T.)... Not a single Tax payer will prefer to live in this country ❤❤❤

[@sathyamoorthy9222]

Good explanation Thanks

[@saleemkh42]

Mahila Samman Bachat is highly required in Manipur because there is no Mahila Sammaan , and no women is safe even with Double Engin Sarkar there.

[@freesoul9330]

thinking of government is completely responsible is kind of political statement.rather as citizens of country one has look into ourselves why such kind horrible incidents occurred in our society? it’s easy to blame on government for everything like others topics cleanliness, public property damage etc list not ending… we need to grow up learn from mistakes

[@narayanigade7976]

Thank You so much Mam....It's actually affordable & profitable too..😊

[@neharani02]

I currently don't live with my parents, but I contribute a monthly amount to my father via UPI. As part of my employment, I receive House Rent Allowance (HRA) from my company. Can I claim the amount paid to my father for rent as an HRA exemption? I'll ensure that my father also declares the rent received as rental income. The property is located in a different state, and I have a 3-day office schedule.

[@sankaranarayanann949]

Madam gold lease app gullack is it reliable app to invest? Please clarify my doubt. And also based on your view through WINT WEALTH little amount iam investing Thank you madam.

[@Abhijitjitu]

I am in love with your style.

[@revanasiddheshwarhiremath9274]

Language switching is amazing😍😍

[@muskanseth-f5k]

will deduction under 80(c) be availed for this investment?

[@Pandeji12]

Small finance bank gives 9 plus percent with liquidity

[@KrishnaPrasath007]

Rick factor is relatively huge

[@adjforever]

​@@KrishnaPrasath007yeah

[@MrRavibains]

What doesn't return at all

[@akshathaperiyadka5323]

Hello maam!....is it beneficial to apply now?? Kindly suggest maam......

[@snehaduseja2345]

March 2024 mei kar skte hai before 31st March 2024? and can we show this while Filling ITR under section 80c?

[@awdheshsahani786]

Maine subscribe isliye Kiya tha ki aap hi di mei samjhoge jisse hum jaise log ko bhi kuchh samjh aayega to kuchh kar sakte hai

[@gautamkothari8136]

What will be Income tax scenario for investing money in mahila samanpatra by mother for her minor girl child .pl.clarrify

[@dharmendraYadav-o3s]

Hi Mam I have opened mssc for rs 2500 by mistake I want to invest 200000 now Kindly guide me the process for

[@Raghavendraprasadnightfox]

Madam is it good to invest in Strata investment?

[@abhiverma2453]

Just for your updation Mam..I just went to state bank branch today to invest in this scheme. And they said we yet don't have any circular regarding that even branch manager don't know anything about this. So what to do now?

[@bhavanig13]

Canara bank, Bank Of India and all the post offices across India have started this scheme.

[@nilaypatel6770]

*After Watching this Many Videos We Feel like Ambani, Adani, Amul, Vipro, Tata, Godrej, Asian Paint, berger, All are Marathi,,, But Actually they are Native Gujarati Business men,,, Hahaha*

[@shwetadawkar4017]

Brother, what has this video got to do with your comment? She is educating the masses, appreciate it.

[@kkvrajkiran]

We asked for an FD with Axis Bank Fort Mumbai. They did not update us on the scheme. Why does the Banks not educate or promote .their Mahila Costomers for this.. ?

[@perfdesti6661]

Madam...u ought to have also specified that this scheme is available only till 31st March 2025 only..

[@sanketnimgale150]

Banks are denied of any info about this scheme, kindly provide section on which this scheme released.

[@SantoshSimikore-ul6cp]

Medam parshentes 7,5 ani 7,71 hechmadi konath vyaj milel he skim 2 prakar ahe ka fom

[@Happier3]

Crazy. FD 15 month is 7.1% I will rather renew that fd

[@nishajaiswal-pl2iq]

Thanku so much mam😊

[@creatershreys1181]

Today u r in FC Road i was watching u while crossing through zarba crossings 😀😁😁

[@santhanrao5326]

So @ CARachanaRanade you are telling that No tax would be applicable on this Interest component even though the women’s income is in 30 percentage tax slab…?

[@jaspreetsinghjuneja881]

What is the minimum amount a person can invest. What is the gap between two certificates. If a senior citizen is already having a 7.75 interest in fd then what is the benefit to invest in this scheme

[@prakhyati8238]

Hi mam.. I am homemaker and my husband is salaried person then the interest is included in his CTC??

[@ramyashri8521]

Hi, is this can be used for tax saving like NSC?

[@abhaybhomble5677]

Nice video mam...but one problem mam..we can withdraw from MSSC after 6 month with effective rate of interest 5.5% i.e2% reduction .

[@CARachanaRanade]

Yes, it can be closed prematurely in case of an emergency.

[@pratikroytravelvideos6819]

The amount will mature automatically after 2 years?

[@vaibhavv475]

Thanks mam😊

[@sridharang2164]

Can you give some information about Tata motors dvr to Tata motors conversion process....

[@Joker-ve2qe]

Can we deposit in monthly basis ?

[@ruchadas9744]

I have the same question??

[@Khushi-wm7be]

Hi Rachana, I checked with hdfc bank they are not aware of it

[@dominicnia]

How many deposits can one have under this scheme?

[@deea8897]

Shud we invest 2 lkhs only is that the limit..what if I want to invest on both me and my daughter

[@rekhagoudar2366]

Can you tell which is the best plan for term insurance

[@AnilKumar-br5hi]

interesting fact no public sector bank 😂

[@OnkarChichkar]

What happens after 2 years? Does amount gets reinvested with same interest rate?

[@kanikapandey7240]

The scheme is valid for 2 years (2023-25) . Maybe the government continue it or offer a new scheme

[@abhayagarwal6347]

Can we open MSSC 2 accounts - one for my wife AND one for my daughter ??

[@vaishnavibagayatkar4113]

There is no option to invest in Mahila Samman Savings Certificate through ICICI bank, it doesnt show up, how to do it if you have a private bank account like Axis, HDFC or ICICI bank?

[@jayakumarj85]

Go to post office

[@rajatsharma0367]

Is 80c is applicable to this scheme plz ma'am suggest

[@dayshanta]

Can you invest ₹ 2 lac every year or you have to wait till first one is matured?

[@pranavarora2240]

Stock of the month?

[@prasanna8632]

Mam can we investi both post office nd bank too…?

[@Charmingmohit143]

Maan us mahila k aur fd ko mila k 40000 se jada intrest aata hoto...phir tds lagu hoga ya nhu

[@stayhealthy9125]

Kaise aayega, jab maximum 2 lakh hi investment kar sakte ho to saal ka 14000₹ hi hoga na

[@shirintalwar2033]

Not open to NRI ladies ? I recently returned to India but technically still NRI

[@arpanasinha20]

When this launched?

[@shavezhussain]

ma'am kya ek mahila 2 MSBP Accounts khulwa skti haiii ?

[@rahulramsai2782]

My mother is a housewife. Can I invest in this scheme in her name ?

[@bharatbishtuk6813]

All fd calculated on same method so no too much benefits

[@SUNILkumar-kn6hg]

Mam staff of BOI said that 28750 got as a intrest

[@namratafernandes8813]

May I know about tax reduction?

[@neelamjain6780]

Thanks for this analysis. What is the cost of your money management course

[@CARachanaRanade]

Please check the course details here:- www.rachanaranade.com/courses/Mastering-Money-Management-1674117071079-63c8ffcfe4b03ff8d0fe51aa

[@itsmebuddy4580]

Hi Rachana, thank you for this video. I have a question, how many such certificates can a woman take? If she has let's say 4lacs, can she take two certificates and going forward if she saves more can she go for the 3rd certificate as well? Please do let us know. Thanks.

[@SoumikDas]

Sirf 2lakh hi across all the certificates combined

[@CARachanaRanade]

There is no limit on the number of certificates. However, there should be minimum 3 months gap between two certificates and the maximum amount invested cannot be more than Rs.200,000.

[@itsmebuddy4580]

@@CARachanaRanade Thank you so much Rachana for the prompt reply. So ideally in one year a woman can accumulate 4 certificates and each not exceeding 2lacs with 3month gap between each certificate. Hope this is correct.

[@snehagawai2236]

Hi Myadam

[@ajiitchaudhari5083]

@@itsmebuddy4580 Total 2 lakh rs in this scheme... You can make four of 50k each

[@manishrakundla8205]

Can we open MSSC online ? I was unable to do it.

[@PriyaVerma-jl5dt]

Is there any deduction under 80C is allowed for MSSC ??

[@indiancitizen8297]

Please take online course on finance for teens

[@VilasRaut-wb3cy]

NICE 👍

[@jayashreekamble8638]

Hi, pls do a detail video on forex trading...

[@AmanMishra-he8wi]

Dear ma'am , plz tell about post office scheme NSC ,it's will be taxable on maturity or any other factor plz guide 🙏

[@mounikanarsingh6271]

Das@

[@AmanMishra-he8wi]

@@mounikanarsingh6271 ??

[@pravinpund7523]

Is there any tax benefits in this scheme?

[@nidhi8528]

No

[@sharmilarakyan436]

Is it 2 lacs per year or 2 Las till the amount matures?

[@pradeepthakur111]

Same question

[@shavezhussain]

Till amount mature

[@1.9tdilove71]

Minimum investment 1000 rs, max 2 lacs. 7.5 percent interest per annum compounded quarterly. TDS will not be deducted. Account will mature after 2 years. In short ,gor 2 lacs, you get 2 lacs 33 thousands rs

[@awdheshsahani786]

Ek baat puchhani thi India ke liye video banate ho yaa usa walo ke liye Yaa fir jo bade Ghar ke log hai wo log ke liye banate ho video mujhe samjha nahi ata hai agar aap jaise log India walo ke liye video banate ho to Hindi mei kyu nahi banate ho

[@pankajbhattreyansh1109]

bhai settings mein jakar hindi choose kar le

[@jyothisharan8732]

Hello Mam, I have a question. Can I invest 2 lacs in my name and after a period of 3 months , another 2 lacs in my daughter name? Or is it total of 2L per family. Can you pls clarify?

[@jayakumarj85]

It is a total of rs.2lakhs per person

[@jayakumarj85]

You can invest 2 lakhs in your name and 2 lakhs for your daughter at the same time. No need to wait for 3 months. 3 months waiting period is necessary if you were able to invest only Rs.50000 in your name the first time, then you need to wait for 3 months to invest the balance 1.5lakhs in your name again.

[@jyothisharan8732]

Thanks for the clarification.

[@afreenshirazi6396]

what about inflation ? its rather better to invest in a stock for 2 years

[@krutikashinde7070]

Maxi how many years investment in MSSC

[@shiddat-workouts]

If the woman is not working and then how tax is going to be calculated?

[@pluviophile5996]

Family ID maybe?

[@koushikappala7586]

As long as the income of the woman falls under 5lac in case of old tax regime and 7lac in case of new tax regime, then the she falls under 0% tax bracket and she doesn't need pay tax.

[@shiddat-workouts]

@@koushikappala7586 she is a housewife without any income, there is no 5lacs or 7lacs then?

[@koushikappala7586]

The no tax, just file itr and since these fall under 0% tax slab, no need to pay any tax. In case if the interest component earned across any interest component crosses a limit and there is a TDS cut, then you can earn it when you file itr. Income tax will refund that amount.

[@vikkishende2261]

Madam mla offline class karaychi aahe

[@ShriG25]

Two questions 1) A maturity date of all certificates will be the same or different?? 2)Maximum limit of 2 lakhs is for a financial year or for an individual?

[@adjforever]

Limit for individual

[@jayakumarj85]

Post office also provides MSSC.

[@mohammedhasan4271]

Madam crompton pe view dijiye

[@devassiatomy8759]

Can you explain the income tax structure according the trading profit

[@bhavnasinghjha1339]

NSC or Sukanya yojana is better option

[@adityasinghparihar1737]

sukanya is not for everyone

[@rewireworld6546]

Mam, whT is the minimum amount

[@licamagic1337]

1000 rupees

[@OMNamahshivaya.2212]

Hi madam Is 80c applicable

[@Yesnaveen100]

Can we invest for more than 2 years??

[@uttamapadwal4672]

No.

[@saralawagh4479]

Marathi madhe ha video banava please

[@CARachanaRanade]

Marathi video on Mahila Samman Bachat Patra, 2023 releasing on Saturday 22nd July 2023 at 4:00 PM.

[@anythingdifferent6555]

Me inka vdo nhi dekhta hu kyoki mujhe english samjh nhi ati

[@SoumikDas]

Sanman nhi hai woh samman hai 😅😂

[@phantom6640]

Marathi mai sanman bolte hai aur maharshtrians hamesh marathi word use karte hi hai jo similar hote almost hindi word se samjh gaye baba bengali

[@SoumikDas]

@@phantom6640 bhai yeh centre govt scheme hai and not state government scheme hence she should spell it correctly according to the name presented by FM during budget samjhe Marathi manus

[@sachindhavle2124]

Please make vedio in Marathi also on same topic. Most of the Marathi women don't know about this scheme.

[@CARachanaRanade]

Will release on Marathi channel tomorrow 👍🏻

[@vishaldurkar1436]

Marathi language pan add kara madam

[@CARachanaRanade]

Marathi video on Mahila Samman Bachat Patra, 2023 releasing on Saturday 22nd July 2023 at 4:00 PM.