Finance : It’s that time of the year when you need to invest in different investment products to enable tax savings for FY 2021-22 OR else...
Income Tax : Introduction- The pleasure of receiving money may get reduced when a substantial part of money is paid by way of taxes. To maintai...
Income Tax : Comparison of Various Saving Scheme Article explains comparison of Various Saving Scheme for the purpose of Tax Planning & I...
Income Tax : Section 80C replaced the existing Section 88 with more or less the same investment mix available in Section 88. The new section 8...
Income Tax : Article discusses Rate of Interest, Limit of Investment and Income Tax Benefit from Investment in 8 Most Popular Tax Saving Instru...
Finance : The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra...
Income Tax : Government has decided to effect a reduction of 0.1 percentage points in interest rates across the board in all Small Savings Sch...
Income Tax : On the basis of the decision of the Government, interest rates for small savings schemes are to be notified on quarterly basis. Ac...
Finance : Central Government has notified revised Interest Rate for the perios from 01.04.2016 to 30.03.2016 on Small Savings Schemes like P...
Income Tax : Office Memorandum (OM) No.6/01/2011-NS.II dated March 31, 2015 Government Announces Interest Rates for Various Small Savings Schem...
Finance : Read about the official memorandum from the Ministry of Finance on small savings schemes interest rates for the first quarter of F...
Finance : Explore SB Order No. 23/2023 issued by the Government of India, Ministry of Communications, on the revision of interest rates for ...
Finance : Get the latest update on small savings scheme interest rates in India. Revised rates for Q4 2023-24 released by the Ministry of Fi...
Finance : Check out revised interest rates for Small Savings Schemes in India for the period from October to December 2023, as per Ministry ...
Finance : Govt revised interest rates for various Small Savings Schemes for the second quarter of the financial year 2023-24, effective from...
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.
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.
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 reduction in Small Saving interest […]
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 5) National Saving Certificate Scheme 6) Post Office Saving […]
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.
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. […]
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.
National Savings Certificates (VIII Issue) (Amendment) Scheme, 2020- The maturity value of an account opened between 12th December, 2019 to 31st March, 2020 (both days inclusive) with one thousand rupees shall be one thousand four hundred sixty two rupees and fifty four paisa and proportionate for deposits made with any other sum as per sub-paragraph (1) of paragraph 4.
