Finance : Understand PPF early withdrawal rules, including partial access, premature closure conditions, applicable penalties, and alternati...
Finance : Compare SIP and PPF to decide the better investment for Rs. 3 crore. Learn about risks, returns, and timelines to achieve your fin...
Corporate Law : Discover the new PPF rules effective October 1, 2024, impacting minors, multiple accounts, and NRIs. Stay informed about important...
Income Tax : Learn about the benefits of e-filing for tax saving investments in India, including ELSS, PPF, and more. Understand how e-filing c...
Finance : Learn about PPF for NRIs: eligibility, tax benefits, investment conditions, and common queries answered. Navigate the rules for se...
Finance : The revised Rates of Interest on various Small Savings Schemes Including Saving Deposits, Public Provident Fund, Kisan Vikas Patra...
Finance : As per PPF Act, the PPF account can’t be closed prematurely before completion of five financial years. If depositor wants to clo...
Corporate Law : Subject to the provisions contained in section 16, the Employees’ Provident Funds & Miscellaneous Provisions Act., 1952 applies ...
Finance : The finance ministry has notified rules which will pave the way for small savings account holders to earn higher returns from Dece...
Income Tax : Ministry of Finance, Department of Economic Affairs (Budget Division)Government has vide its office memorandum No. No. 6-1/2011-NS...
Income Tax : Read the detailed analysis of O Clock Software Pvt Ltd vs. ACIT case by ITAT Chennai. Learn why deduction was denied for delayed P...
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 : The government has kept small savings interest rates unchanged for April–June 2026, ensuring continued stable returns for invest...
Finance : The government has decided to keep small savings interest rates unchanged for January–March 2026. The move ensures stability and...
Finance : The government has kept interest rates on PPF, NSC, SCSS, Sukanya Samriddhi, and other small savings schemes unchanged for Q3 FY 2...
Income Tax : The Government of India keeps Small Savings Schemes interest rates unchanged for Q1 FY 2025-26 (April–June 2025), as per the Min...
Finance : Interest rates for Small Savings Schemes for Q4 of FY 2024-25 will remain unchanged from Q3, effective January 1, 2025....
Interest rates of small saving schemes for the Fourth quarter of financial year 2021-22 starting from 1st January, 2022 and ending on 31st March, 2022 shall remain unchanged from the current rates applicable for the third quarter (1st October, 2021 to 31st December, 2021) for FY 2021-22. Small saving schemes includes PPF, NSC, Senior Citizen […]
Whenever any depositor has opened more than one PPF Accounts, the second and subsequent accounts opened are treated as irregular, as an individual can open only one single account under PPF Scheme.
Interest rates of small saving schemes, including PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account Scheme, Kisan Vikas Patra of GoI for the third quarter of financial year 2021-22 starting from 1st October, 2021 and ending on 31th December, 2021 shall remain unchanged from the current rates applicable for the second quarter (1st July, […]
New Changes in Public provident fund (PPF) account: The Govt. of India has notified the revised Public Provident Fund Scheme 2019 on 12th December 2019, wherein a few changes have been made primarily related to the account operations. Here are five changes in PPF account rules that you must know: √ Removal of restrictions in […]
Articled explains about Public Provident Fund (PPF) and National Pension Scheme (NPS) stating Key Features, Who can invest in PPF & NPS, Maturity period, Investment limit, Tax benefits, Premature /Partial withdrawal, Mode of Investment, Returns and Risk. Key Features Public Provident Fund (PPF) National Pension Scheme (NPS) Who can invest? Any Indian resident (except HUF […]
Public Provident Fund is the schemes started by the central government from 1968 for the welfare of the people of India. As this scheme was launched for the benefit of people who made investment by very small amount and they will get more amount at the maturity. Since this scheme was backed by Central government, […]
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 […]
PPF is Central Government Tax Saving Scheme with long term investment and tax saving option. In this article, we will cover the following areas-What is PPF and where you can open such account, Interest rate applicable on PPF, Who can open a PPF Account, Minimum and maximum investment required in PPF Account, Lock in period […]
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 […]
