Income Tax : Summary of exclusive tax benefits for resident senior citizens (60+ years) and super senior citizens (80+ years), including enhanc...
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...
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 ...
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....
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 […]
Revision of interest rates for Small Savings Schemes for Q3 of 2022-23 (i.e. from 1st October, 2022 to 31st December, 2022) Interest rates of small saving schemes for the Third quarter of financial year 2022-23 starting from 1st October, 2022 and ending on 31st December, 2022. Small saving schemes includes PPF, NSC, Senior Citizen Savings Schemes, Sukanya Samriddhi […]
Revision of interest rates for Small Savings Schemes for Q2 of 2022-23 (i.e. from 1st July 2022 to 30th September 2022) Interest rates of small saving schemes for the Second quarter of financial year 2022-23 starting from 1st July, 2022 and ending on 30th September, 2022 shall remain unchanged from the current rates applicable for […]
Rate of interest on various Small Savings Schemes (National Savings Schemes) for the first quarter of financial year 2022-23 (starting from 1st April, 2022 and ending on 30th June, 2022) shall remain unchanged from the current interest rates applicable for the fourth quarter (1st January, 2022 to 31st March, 2022) of Financial Year 2021-2022.
