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 ...
Finance - Kisan Vikas Patra is one of the most famous investment schemes in India. The main reason is the feature of this investment in which the money invested will get doubled at the end of the maturity period. In December, 2019 fully new Kisan Vikas Patra Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. […]...
Finance - Kisan Vikas Patra is a saving certificate which was first launched in 1988. Kisan Vikas Patra was a very Popular Investment Scheme amongst the investor which was discontinued wef 30.11.2011 on recommendation of Shayamla Gopinath committee considering the misuse of the scheme vide government Notification [F.No. 1/10/2011-NS-II], dated 25-1...
Finance - Krishna, recently the Government has reintroduced the investment scheme of Kisan Vikas Patra. There are many questions regarding this scheme but answer to the most important question is unascertainable. The earlier scheme of Kisan Vikas Patra was closed due to increasing black money from the scheme then why it is reintroduced? ...
Finance - Government has notified new Kisan Vikas Patra Scheme, 2019 w.e.f. 12th December, 2019 vide notification No. G.S.R. 920(E). This article covered topics related to Type of accounts under Kisan Vikas Patra Scheme, 2019, Deposits under Kisan Vikas Patra Scheme, 2019 Payment on maturity under Kisan Vikas Patra Scheme, Premature closure of ac...
Finance - The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra and Sukanya Samriddhi Accounts Scheme for the 4th Quarter of financial year 2017-18 is as below:...
Finance - 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....
Finance - 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: ...
Finance - Office Memorandum (OM) No.6/01/2011-NS.II dated March 31, 2015 Government Announces Interest Rates for Various Small Savings Schemes; Rates to Come Into Force with Effect from Tomorrow It was decided by the Government of India that interest rates on Small savings Schemes will be linked to yields on government securities ...
Finance - Major Policy Initiatives, Programmes/Schemes Announced and Achievements Made with Regard to the Ministry of Finance in Last Seven Months Actions to curb Black Money First major decision taken by the present Government after taking over reins of power in May, 2014 was to constitute a Special Investigating Team (SIT) to implement the decisi...
F.No.1/4/2019-NS - (29/09/2023) - Check out revised interest rates for Small Savings Schemes in India for the period from October to December 2023, as per Ministry of Finance....
F. No. 1/4/2019-NS - (30/06/2023) - Govt revised interest rates for various Small Savings Schemes for the second quarter of the financial year 2023-24, effective from July 1st to September 30th, 2023. This article provides an analysis of the revised rates, highlighting the changes for each scheme. Stay informed about the latest intere...
Notification No. G.S.R.324(E). - (27/04/2023) - Scheme may be called Kisan Vikas Patra (Second Amendment) Scheme, 2023. It shall be deemed to have come into force on 1st day of April, 2023....
F.No.1/4/2019-NS - (31/03/2023) - Interest rates of small saving schemes for the First quarter of financial year 2023-24 starting from 1st April, 2023 and ending on 30th June, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account Scheme, Kisan Vikas Patra of GoI....
Notification No. G.S.R. 52(E). - (20/01/2023) - Kisan Vikas Patra (Amendment) Scheme, 2023 - Maturity period of account opened on or after 1st day of January, 2023 shall be ten years and deposits made in account shall double on maturity....
F.No.1/4/2019-NS - 29/09/2023
F. No. 1/4/2019-NS - 30/06/2023
Notification No. G.S.R.324(E). - 27/04/2023
F.No.1/4/2019-NS - 31/03/2023
Notification No. G.S.R. 52(E). - 20/01/2023
SB Qrder No. 26/2022 - 30/12/2022
F.No.1/4/2019-NS - 30/12/2022
SB Order No. 25/2022 - 16/12/2022
Notification No. G.S.R. 837(E) - 22/11/2022
SB Order No. 15/2022 - 29/09/2022