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Showing posts with the label tax free

Future of AI in Everyday Technology

Artificial Intelligence, or AI, is no longer a thing of the future — it is already here, shaping our daily lives in ways we might not even realize. From using voice assistants like Alexa and Google Assistant to getting movie recommendations on Netflix, AI is quietly becoming part of our routine. But this is just the beginning. The future of AI in everyday technology will completely transform the way we live, work, and interact with machines. In this blog, we’ll explore what AI is, how it’s currently used, and what exciting changes we can expect in the coming years. What Is Artificial Intelligence? Artificial Intelligence is the ability of a computer or machine to think, learn, and make decisions like a human. Instead of just following fixed instructions, AI systems analyze data, recognize patterns, and improve over time. It’s like teaching a computer how to think and act smartly. AI works through techniques such as machine learning, deep learning, and neural networks. These systems ...

Best tax free investment options

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What is tax free investment? Tax free investment means such investment on which the return or interest is completely free from income tax. That is, whatever money you get from this investment, you will not have to pay any kind of tax on it. Best Tax Free Investment Options 1. Public Provident Fund (PPF) What is PPF? PPF is a long-term savings scheme run by the Government of India, which is one of the most popular options for saving tax and giving tax free returns. Features of PPF: • Tax exemption on investment under 80C • Interest received and maturity amount are completely tax free • Interest rate is around 7.1% (decided by the government every quarter) • Lock-in for 15 years , followed by extensions of 5 years each • Very safe investment as it is a government-backed scheme 2. Sukanya Samriddhi Yojana (SSY) What is SSY? If your daughter is younger than 10 years, then this scheme is best for giving tax free returns . This scheme has been started for the bright future of daughters...

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