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National Savings Scheme

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Exemption to Withdrawal from National Savings Scheme (NSS) Account

Income Tax : Budget 2025 exempts NSS withdrawals (principal & interest) from tax effective Aug 29, 2024. CBDT confirms no TDS from April 4, 202...

May 5, 2025 12990 Views 10 comments Print

Tax Exemption on Withdrawals from National Savings Scheme

Income Tax : Section 80CCA exempts withdrawals from pre-1992 National Savings Scheme deposits from taxation, effective retrospectively from Aug...

February 3, 2025 16239 Views 7 comments Print

Exemption on withdrawals from National Savings Scheme (NSS): FAQs

Income Tax : Finance Bill 2025 offers tax exemption for withdrawals from NSS accounts post August 29, 2024, allowing individuals to withdraw wi...

February 2, 2025 8664 Views 4 comments Print

National Savings Scheme Guide: 10 Schemes Reviewed | Expert Recommendations

Finance : Explore the 10 investment schemes under India's National Savings Scheme with detailed analysis and expert recommendations. Make in...

March 30, 2024 5862 Views 2 comments Print

Section 194EE TDS on Payments in respect of Deposit under NSS

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...

July 6, 2021 39789 Views 2 comments Print


Latest News


Impact of NSS Interest Rate Reduction On Retirees

Finance : Reduction in NSS interest rates raises concerns for retirees' stability. Govt cites alternative schemes with higher returns and st...

February 6, 2025 393 Views 0 comment Print


Latest Notifications


Revision of interest rate of National Savings Recurring Deposit Scheme

Finance : Ministry of Finance announces revised interest and repayment amounts for National Savings Recurring Deposit Scheme, 2023. Get the ...

August 23, 2023 1773 Views 0 comment Print

Revision of interest rate of National Savings Time Deposit Scheme

Finance : National Savings Time Deposit Scheme 2023: Revised interest rates unveiled by Ministry of Finance. Details of the amendment and it...

August 23, 2023 1815 Views 0 comment Print

National Savings Monthly Income Account Scheme Amended 2023

Finance : Ministry of Finance has issued a notification amending the National Savings (Monthly Income Account) Scheme, 2019 by National Savi...

July 3, 2023 2220 Views 0 comment Print

Senior Citizens’ Savings (Amendment) Scheme, 2023 – Limit Raised to Rs. 30 Lakh

Finance : Senior Citizens’ Savings (Amendment) Scheme, 2023 - Limit Raised to Rs. 30 Lakh with effect from 1st April 2023....

March 31, 2023 7614 Views 1 comment Print

National Savings (Monthly Income Account) (Amendment) Scheme, 2023

Finance : (1) This Scheme may be called the National Savings (Monthly Income Account) (Amendment) Scheme, 2023. (2) It shall come into force...

March 31, 2023 2118 Views 0 comment Print


Revised Small Savings Scheme interest rates w.e.f. 01.07.2020

July 1, 2020 8343 Views 1 comment Print

Rate of interest w.e.f 01.07.2020 to 30.09.2020 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. SB Order 24/2020 e.F.No 113-03/2017-SB(Pt.1) Govt. […]

TDS on interest on Post Office Saving Schemes reduced

June 26, 2020 7860 Views 0 comment Print

In order to provide more funds at the disposal of the taxpayers for dealing with the economic situation arising out of COVID-19 pandemic. the rates of Tax Deduction at Source (TDS) for the following non-salaried specified payments made to residents has been reduced by 25% for the period from 14th May, 2020 to 31st March, 2021.

Relaxation provisions in National Savings Schemes

May 29, 2020 1002 Views 0 comment Print

Subcribers of RD Account who could not deposit the advance installments to get the benefit of rebate during the lock down period may deposit the same up to 30.06.2020. The rebate admissible as per the scheme provisions will be available at the time of deposit of advance installments.

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