Finance - Comparison of Various Saving Scheme Article explains comparison of Various Saving Scheme for the purpose of Tax Planning & Investment Plan i.e. Very Simple analysis / summarized view of below mentioned schemes is as under:- 1) Sukanya Samriddhi Scheme 2) Pubilc Provident Fund 3) Kisan Vikas Patra 4) Senior Citizen Saving Scheme ...
Read MoreFinance - Eligibility - Individuals who are residents of India are eligible to open an account under the Public Provident Fund scheme. A PPF account may be opened under the name of a minor by his/her legal guardian. However, each person is eligible for only one account under his/her name....
Read MoreFinance - Article explains What is Public Provident Fund (PPF), Who can Invest under PPF Scheme, Rate of Interest on PPF and Taxability, Tax Benefits from Investment in PPF, Minimum and Maximum Deposit in PPF, Period and Lock in period, How to Open a PPF A/C, Documents required for opening PPF account, Closure of PPF Account and […]...
Read MoreFinance - What is PPF (Public Provident Fund) Scheme ? The full form of PPF is Public Provident Fund Scheme. Public Provident Fund scheme of the Central Government was framed under Public Provident Fund Act, 1968. ...
Read MoreFinance - A Financial Planning For Young Self-Employed People…Combining Benefits Of PPF & FD…Which Are Most Secured Ways of Investment…Maximum Benefit From Minimum Investment. Why PPF – PPF offers Best interest as compare to FD & also multiple tax benefits: Deposits in a PPF account qualify for a deduction under s...
Read MoreFinance - Government has decided to effect a reduction of 0.1 percentage points in interest rates across the board in all Small Savings Schemes except the Post Office Savings Account, which has been left untouched....
Read MoreFinance - The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004 (SCSS 2004), and Sukanya Samriddhi Account (the Girl Child Scheme) were reduced by 0.10 percentage point for the quarter 01.10.2016 to 31.12.2016, and not 0.10 percentage per annum....
Read MoreFinance - On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Accordingly, the rates of interest on various small savings schemes for the second quarter of financial year 2016-17, on the basis of the interest compounding/payment built-in in the schemes, shall be as under: ...
Read MoreFinance - Central Government has notified revised Interest Rate for the perios from 01.04.2016 to 30.03.2016 on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC etc. Rates on all schemes been reduced significantly in comparison to existing rate....
Read MoreFinance - Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis to align the small saving interest rates with the market rates of the relevant Government securities...
Read MoreOffice Memorandum No. F.No.1/4/2019-NS - (30/09/2021) - Interest rates of small saving schemes, including PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account Scheme, Kisan Vikas Patra of GoI for the third quarter of financial year 2021-22 starting from 1st October, 2021 and ending on 31th December, 2021 shall remain unchanged from the cur...
Read MoreSB Order No 17/2021 - (01/07/2021) - Rate of interest on various National (Small) Savings Schemes for the second quarter of financial year 2021-22 starting from 1st July, 2021 and ending on 30th September, 2021 shall remain unchanged from the current interest rates applicable for the first quarter (1st April, 2021 t...
Read MoreF.No.1/4/2019-NS - (30/06/2021) - The rate of interest on various Small Savings Schemes for the second quarter of financial year 2021-22 starting from 1st July, 2021 and ending on 30th September, 2021 shall remain unchanged from the current rates applicable for the first quarter (1st April, 2021 to 30th June, 2021) for FY 2021-22....
Read MoreF.No.1/4/2019-NS - (01/04/2021) - It has been decided that the rate of interest on various small savings schemes for the first quarter of FY 2021-22 starting from 01st April and ending on 30th June, 2021 shall remain unchanged from those notified for the fourth quarter (01.01.2021 to 31.03.2021) of the FY 2020-21....
Read MoreF.No.1/4/2019-NS - (31/03/2021) - Update on 01.04.2021 at 09.00 AM: Tweet by FM– Interest rates of small savings schemes of GoI shall continue to be at the rates which existed in the last quarter of 2020-2021, ie, rates that prevailed as of March 2021. Orders issued by oversight shall be withdrawn. Read: Govt withdraws reducti...
Read MoreOffice Memorandum No. F.No.1/4/2019-NS - 30/09/2021
SB Order No 17/2021 - 01/07/2021
F.No.1/4/2019-NS - 30/06/2021
F.No.1/4/2019-NS - 01/04/2021
F.No.1/4/2019-NS - 31/03/2021
SB Order No. 38/2020 - 31/12/2020
F. No. 1/4/2019-NS - 30/12/2020
F.No.1/4/2019-NS - 30/09/2020
SB Order 24/2020 - 01/07/2020