Finance - When it comes to tax-saving investments in India, there is no shortage of options. Among the most popular choices are the Tax-Saving Fixed Deposits (FDs), the Public Provident Fund (PPF), and the National Pension System (NPS)....
Finance - Explore Public Provident Fund's benefits, history, eligibility, tax advantages, and more. Understand why PPF is a favored investment choice in India....
Finance - Discover top tax-saving investment strategies in India, including options like PPF, life insurance, mutual funds, and mediclaim policies. Learn expert tips for effective tax planning and explore tax-saving investment options for senior citizens. Save significantly on taxes by making informed financial decisions....
Finance - This article presents valuable tips that can assist you in saving income tax in the current financial year. From optimizing your salary structure to utilizing tax deductions, these tips are designed to help you make the most of the available tax-saving opportunities....
Finance - Discover key retirement planning options and strategies, from PPF to NPS. Explore government schemes, mutual funds, bank deposits, tax-free bonds, and SCSS. Secure your financial future today....
Finance - At present, premature closure of a Public Provident Fund (PPF) account is permitted on specified grounds on completion of five financial years from the date of opening of account. Opening of accounts in the name of a minor is permitted under all the small savings scheme except the Senior Citizens’ Savings Scheme....
Finance - As per PPF Act, the PPF account can’t be closed prematurely before completion of five financial years. If depositor wants to close PPF account before five years in exigencies, he can’t close the account. To make provisions for premature closure easier in respect of all schemes, provisions could now be made through specific scheme noti...
Finance - 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....
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: ...
State Bank of India Vs Commissioner of Service Tax (CESTAT Mumbai) - Read the case of State Bank of India vs Commissioner of Service Tax and importance of discretion in handling funds under PPF accounts. Learn how CESTAT Mumbai decision impacts classification of services and taxability....
Rajnikant Punjalal Shah Karta of Rajnikant Punjalal Shah HUF Vs Manager, Bank of Baroda (Gujarat High Court) - Public Provident Fund account shall not be liable to any attachment in respect of any debt or liability incurred by the account holder....
F.No.1/4/2019-NS - (08/03/2024) - Read about the official memorandum from the Ministry of Finance on small savings schemes interest rates for the first quarter of FY 2024-25...
SB Order No. 23/2023 - (29/12/2023) - Explore SB Order No. 23/2023 issued by the Government of India, Ministry of Communications, on the revision of interest rates for Small Savings Schemes from 01.01.2024...
Notification No.1/4/2019-NS - (29/12/2023) - Get the latest update on small savings scheme interest rates in India. Revised rates for Q4 2023-24 released by the Ministry of Finance. Plan your investments wisely....
SB Order No. 22/2023 - (14/11/2023) - Explore the impact of SB Order No. 22/2023 on Senior Citizen's Savings Scheme, National Savings Time Deposit Scheme, and Public Provident Fund Scheme. Detailed analysis and changes outlined....
Notification No. [G.S.R. 831(E)] - (07/11/2023) - Explore the latest amendments in the Public Provident Fund Scheme, 2019 by the Ministry of Finance. Understand changes in account extension provisions for better financial planning...
F.No.1/4/2019-NS - 08/03/2024
SB Order No. 23/2023 - 29/12/2023
Notification No.1/4/2019-NS - 29/12/2023
SB Order No. 22/2023 - 14/11/2023
Notification No. [G.S.R. 831(E)] - 07/11/2023
F.No.1/4/2019-NS - 29/09/2023
State Bank of India Vs Commissioner of Service Tax (CESTAT Mumbai) -