Latest News on Small Savings
Showing of 0 - 10 from 27 results
Small Savings - Total results - 27
Mar 28, 2018
Government to borrow less in the first half, but the math may not work in its favourThere are just too many variables in the assumptions that underlie the government’s announcement.
Mar 27, 2018
Small savings interest rates may not go up in Apr-June, hints finance ministryFor the January-March quarter, the government had reduced interest rates on small saving schemes by 0.2 percentage points
Feb 22, 2018
EPFO cuts interest rate to 8.55% from 8.65%, bank deposits unattractive, LTCG on stocks; it is no good time for saversIt is a stated policy of the government to bring down small savings rates to align with the bank deposit rates
Feb 13, 2018
Govt proposes permitting premature closure of PPF account for medical emergencies, higher education needsThe government proposes to allow premature closure of Public Provident Fund (PPF) accounts and permit opening of small savings accounts in the name of minor, the finance ministry said
Jan 08, 2018
Govt extends deadline for linking Aadhaar with saving schemes like post office deposits, Kisan Vikas Patra"It has now been decided to extend the last date for submission of 'Aadhaar' number from 31 December, 2017 to 31 March, 2018," a Finance Ministry notification said.
Dec 28, 2017
Your NSC, PPF returns to dip next quarter as govt cuts rates by 20 bps; banks may cut deposit ratesPPF and NSC will fetch a lower annual rate of 7.6 percent while KVP will yield 7.3 percent and mature in 11 months.
Oct 06, 2017
Aadhaar compulsory for PPF, post office deposits and more; deadline 31 December"Provided that where Aadhaar number has not been assigned, the depositor shall submit proof of application of enrolment for Aadhaar," said a government notification.
Jul 24, 2017
Varishtha Pension Yojana: Will the existing scheme cannibalise it?It appears that the new scheme would arouse the interest of only those who have more than Rs 15 lakh to spare
Jun 30, 2017
Govt slashes interest rates by 0.1% on PPF, Kisan Vikas Patra, other small savings schemesKisan Vikas Patra (KVP) investments will yield 7.5 percent and mature in 115 months
Apr 07, 2017
Finmin wants to cut EPF rates by 50 bps: Will it give way to better investments?The Finance Ministry has been following the cost reduction approach in the process spurning and undermining the more demanding income-enhancement approach.