PM Narendra Modi Investment:Bank fixed deposits and other small savings schemes are very popular options for investing in the country. PM Narendra Modi (PM Narendra Modi)also has faith in these investment options. That is why he has invested most of his life’s hard-earned money in these options. According to the affidavit he has submitted in nomination for General Elections 2024, Narendra Modi has invested Rs 2,85,60,338 and Rs 9,12,398 in Bank FD and National Savings Certificate (NSC).PM Narendra Modi Investment)Have done. And his total wealth during 5 years (PM Narendra Modi Total Assets)There has been an increase of about Rs 51 lakh.
Highest investment in bank FD
According to the information given in the affidavit of PM Narendra Modi, he has the most trust in bank fixed deposits. He has invested Rs 2,85,60,338 in bank FD.
National Savings Certificate
Narendra Modi also likes National Savings Certificate (NSC) included in the Small Savings Scheme for investment. He has invested Rs 9,12,398 in this scheme. NSC is a post office scheme, in which the maturity is 5 years. 7.7 percent annual interest is being given on this scheme. It can be opened in any branch of the post office. By investing in this, tax benefit is also available under Section 80C of Income Tax Ext.
jewelery
PM Modi has 4 gold rings, whose total weight is 45 grams. Their price is around Rs 2,67,750.
bank balance
PM Modi has deposited Rs 73304 in the SBI branch of Gandhinagar and Rs 7000 in the SBI branch of Varanasi. Apart from this, he has Rs 52920 in cash.
Mutual Funds, Bonds, Debentures and Shares
He has not invested even a single penny in mutual funds, bonds, debentures and shares. Apart from this, TDS of Rs 3,33,179 has been deducted on his investments and earnings.
How much increase in PM Modi’s assets?
In the 2014 elections, PM Modi had shown his assets worth Rs 1.65 crore. Whereas in the year 2019 elections, it increased to Rs 2.51 crore. According to the affidavit filed in 2024, his wealth has increased to Rs 3.02 crore. That means, in the last 5 years his total wealth has increased by about Rs 87 lakh.
What is the source of income?
According to the affidavit, the primary source of income of Prime Minister Narendra Modi is his government salary and interest received on his savings. According to the affidavit of 2024, PM Modi has paid tax of Rs 3,33,179 in the financial year 2023-24.