Corporate Law : Discover the new PPF rules effective October 1, 2024, impacting minors, multiple accounts, and NRIs. Stay informed about important...
Finance : Learn about PPF for NRIs: eligibility, tax benefits, investment conditions, and common queries answered. Navigate the rules for se...
Income Tax : When it comes to tax-saving investments in India, there is no shortage of options. Among the most popular choices are the Tax-Savi...
Income Tax : Explore Public Provident Fund's benefits, history, eligibility, tax advantages, and more. Understand why PPF is a favored investme...
Income Tax : Discover top tax-saving investment strategies in India, including options like PPF, life insurance, mutual funds, and mediclaim po...
Finance : At present, premature closure of a Public Provident Fund (PPF) account is permitted on specified grounds on completion of five fin...
Finance : As per PPF Act, the PPF account can’t be closed prematurely before completion of five financial years. If depositor wants to clo...
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...
Finance : The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004 (SCSS 2004), and ...
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...
Corporate Law : It is in the said situation that the captioned writ petition has been filed by the petitioners seeking a direction to re-credit th...
Service Tax : Read the case of State Bank of India vs Commissioner of Service Tax and importance of discretion in handling funds under PPF accou...
Finance : Public Provident Fund account shall not be liable to any attachment in respect of any debt or liability incurred by the account ho...
Finance : Interest rates for Small Savings Schemes for Q4 of FY 2024-25 will remain unchanged from Q3, effective January 1, 2025....
Finance : The Government of India keeps interest rates unchanged for Small Savings Schemes for Q3 FY 2024-25, effective from October 1 to De...
Finance : Discover the latest interest rates for Small Savings Schemes for April-June and July-September 2024. Get detailed insights and com...
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 ...
As per a recent circular issued by the government in respect of PPF provisions, following clarifications are worth noting. Deposit date in Cheque payments :-Till recently, in case of a PPF when a subscriber used to make deposits by local cheque or demand draft, the date of tender of cheque or draft at the accounting office was treated as the date of deposit of PPF, provided the said cheque was duly honoured on presentation for encashment.
“With fixed deposit rates from banks coming down, investors seeking higher returns from fixed income products are investing in company fixed deposits,” says Aseem Dhru, MD & CEO of HDFC Securities, which has recently started distributing company fixed deposits. Company fixed deposits work for investors seeking assured returns higher than that offered by bank fixed deposits.
The Government has now opened up its New Pension scheme to all between the ages of 18 and 55. It promises returns of over 14 per cent and offers the lowest fund management charges in the world. This is particularly relevant if you are employed with a private firm and have no existing pension benefits. […]
