Income Tax : Introduction: The Senior Citizen Savings Scheme (SCSS) has undergone significant updates following the November 2023 notification ...
Finance : Discover key retirement planning options and strategies, from PPF to NPS. Explore government schemes, mutual funds, bank deposits,...
Income Tax : बुढ़ापा एक सामान्य मानवीय प्रक्रिया है जो मानव ज...
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 : Comparison of Various Saving Scheme Article explains comparison of Various Saving Scheme for the purpose of Tax Planning & I...
Finance : Stay informed about recent updates in small saving schemes post-retirement, including rules for opening accounts and time limits f...
Finance : In the operation of Senior Citizens’ Savings Scheme (SCSS), it has been noticed in few cases on the death of the account holder,...
Corporate Law : The Union Cabinet chaired by chaired by Prime Minister Shri Narendra Modi has given its approval for extending the investment limi...
Finance : At present, premature closure of a Public Provident Fund (PPF) account is permitted on specified grounds on completion of five fin...
Finance : The interest rates of Public Provident Fund (PPF), Kisan Vikas Patra (KVP), Senior Citizens Savings Scheme, 2004 (SCSS 2004), and ...
Corporate Law : 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 ...
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...
Corporate Law : Explore the impact of SB Order No. 22/2023 on Senior Citizen's Savings Scheme, National Savings Time Deposit Scheme, and Public Pr...
Scheme may be called the Senior Citizens’ Savings (Third Amendment) Scheme, 2023. It shall be deemed to have come into force on 1st day of April, 2023.
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.
Interest rates of small saving schemes for the First quarter of financial year 2023-24 starting from 1st April, 2023 and ending on 30th June, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account Scheme, Kisan Vikas Patra of GoI.
Senior Citizens’ Savings (Amendment) Scheme, 2023 – Limit Raised to Rs. 30 Lakh with effect from 1st April 2023.
Senior Citizens’ Savings (Amendment) Scheme, 2023 – deposit on or after 1st day of January, 2023 shall bear interest of 8.0% per annum
Rate of interest on various Small Savings Schemes (National Savings Schemes) for the third quarter of financial year 2022-23 (starting from 1st January, 2023 and ending on 31St March, 2023) have been revised
Revision of interest rates for Small Savings Schemes for Q4 of 2022-23 (i.e. from 1st January, 2023 to 31st March, 2023) Interest rates of small saving schemes for the Fourth quarter of financial year 2022-23 starting from 1st January, 2023 and ending on 31st March, 2023. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi Account […]
SB ORDER NO. 25/2022 F. No. FS-13/7/2020-FS-Part(1) Government of India Ministry of Communications Department of Posts Dak Bhawan, Sansad Marg, New Delhi-110001. Date: 16.12.2022 To, All Heads of Circles/Regions Subject: – Freezing of Small Savings Schemes accounts get matured but not closed after 3 years of maturity reg. Sir / Madam, As part of continuous […]
Senior Citizens’ Savings (Amendment) Scheme, 2022- Deposit made under Senior Citizens’ Savings Scheme, 2019 on or after the 1st day of October, 2022 shall bear interest at the rate of 7.6 per cent. per annum.
In the operation of Senior Citizens’ Savings Scheme (SCSS), it has been noticed in few cases on the death of the account holder, operating agencies are closing the SCSS account by treating it as premature closure. In this context, attention is drawn to Rule 7(2) of SCSS, and the following is clarified: i. in cases […]
