Income Tax : Budget 2025 exempts NSS withdrawals (principal & interest) from tax effective Aug 29, 2024. CBDT confirms no TDS from April 4, 202...
Income Tax : Section 80CCA exempts withdrawals from pre-1992 National Savings Scheme deposits from taxation, effective retrospectively from Aug...
Income Tax : Finance Bill 2025 offers tax exemption for withdrawals from NSS accounts post August 29, 2024, allowing individuals to withdraw wi...
Finance : Explore the 10 investment schemes under India's National Savings Scheme with detailed analysis and expert recommendations. Make in...
Income Tax : 1) Who is responsible to deduct tax under section 194EE of Income Tax Act, 1961? The person responsible for paying to any person a...
Finance : Reduction in NSS interest rates raises concerns for retirees' stability. Govt cites alternative schemes with higher returns and st...
Finance : Ministry of Finance announces revised interest and repayment amounts for National Savings Recurring Deposit Scheme, 2023. Get the ...
Finance : National Savings Time Deposit Scheme 2023: Revised interest rates unveiled by Ministry of Finance. Details of the amendment and it...
Finance : Ministry of Finance has issued a notification amending the National Savings (Monthly Income Account) Scheme, 2019 by National Savi...
Finance : Senior Citizens’ Savings (Amendment) Scheme, 2023 - Limit Raised to Rs. 30 Lakh with effect from 1st April 2023....
Finance : (1) This Scheme may be called the National Savings (Monthly Income Account) (Amendment) Scheme, 2023. (2) It shall come into force...
MINISTRY OF FINANCE (Department of Economic Affairs) NOTIFICATION New Delhi, the 31st March, 2023 G.S.R.238(E) — In exercise of the powers conferred by section 15 of the Government Savings Promotion Act, 1873 (5 of 1873), the Central Government hereby makes the following rules to amend the Government Savings Promotion General Rules, 2018, namely:- 1. These […]
An application for opening an account under Mahila Samman Savings Certificate, 2023 shall be made by a woman for herself, or by the guardian on behalf of a minor girl to the Account Office in Form – I, on or before the 31st March, 2025.
Government of India, is administering National Savings Schemes, which is being implemented through Department of Posts, Public Sector Banks and authorised private banks
Though NSC IX Issue is a discontinued scheme, NSC IX Issue certificates may be discharged / encashed / closed in any Departmental Post Office, following the procedures prescribed in Chapter 13 of POSB CBS Manual Volume
1) Who is responsible to deduct tax under section 194EE of Income Tax Act, 1961? The person responsible for paying to any person any amount standing to the credit of such person under National Savings Scheme (to which section 80CCA was applicable) together with interest accrued thereon, shall deduct income-tax thereon on such amount at […]
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 to 30th June, 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.
Rate of interest on various Small Savings Schemes (National Savings Schemes) for the fourth quarter of financial year 2020-21 (starting from 1st January, 2021 and ending on 31th March, 2021) shall remain unchanged from those notified for the third quarter of Financial Year 2020-21
Rate of interest w.e.f 1st January, 2021 and ending on 31st March, 2021 on Small Savings Scheme i.e. Post Office Savings Account, 1,2,3,5 Year Time Deposit, 5 Year Recurring Deposit Scheme, Senior Citizen Savings Scheme, Monthly Income Account, National Savings Certificate (VIII Issue), Public Provident Fund Scheme, Kisan Vikas Patra and Sukanya Samriddhi Account scheme. […]
The rates of interest on various Small Savings Schemes for the third quarter of financial year 2020-21 starting from 1st October, 2020 and ending on 31st December, 2020 shall remain unchanged from those notified for the second quarter (1st July, 2020 to 3oth September, 2020) of financial year 2020-21.
