Investment: Don't know about those 5 schemes where wives can make profit? Start investing today...

It is often seen that husbands complain that their wives make them spend a lot. Salary does not come, and before that, the plan to spend is made. But, it is not so. Actually, the government runs some such schemes, in which if both you and your wife invest together, then the return can be doubled. Today, in the news, we will tell you about those schemes and plans, after which you will forget to taunt your wife about spending.

Double savings in the post office
If you invest alone in the single monthly plan of the post office, then you can deposit a maximum of 9 lakh rupees. On the other hand, if you open an account with your wife, then the maximum limit becomes 15 lakh rupees. With this, you can earn an income of 5,550 rupees every month sitting at home at an interest rate of 7.4%.

Wives will help with cheap home loans.
If you make your wife a co-applicant while taking a home loan, then you can get a discount of 0.05% in the interest rate. With this, you can save lakhs of rupees in the entire tenure of the home loan.

Benefits of a joint home loan
If your wife works, then you can double your savings by taking separate joint home loans. That is, you and your wife can claim tax exemption separately.

Take help with the retirement fund.
Youngsters are currently investing more in the Senior Citizen Savings Scheme. In such a situation, if your wife works, then both of you can invest in this scheme together. You alone can invest a maximum of Rs 30 lakh. In such a situation, if your wife also joins you, then this limit will be doubled.

TDS will be reduced on FD
If your wife does not work, then you can open an FD in her name and avoid paying TDS on the interest received on it. When the interest reaches above Rs 40 thousand in a year, then the bank starts deducting 10% TDS on it. But with the help of 15G Form, the bank will not deduct any TDS on the interest received by your wife.

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