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Small Savings Scheme rates remain unchanged for September quarter

Small Savings Scheme rates remain unchanged for September quarter
business-standard.com - get the latest breaking news, showbiz & celebrity photos, sport news & rumours, viral videos and top stories from business-standard.com Daily Mail and Mail on Sunday newspapers.

Tamil Nadu , Nirmala Sitharaman , National Savings Certificate , Public Provident Fund , Office Savings Scheme , Small Savings Scheme , Post Office Savings Scheme , Minister Nirmala Sitharaman , West Bengal , தமிழ் நாடு , தேசிய சேமிப்பு சிஇஆர்டிஐஎஃப்ஐசிஏடிஇ , பொது வருங்கால நிதி , அலுவலகம் சேமிப்பு திட்டம் , சிறிய சேமிப்பு திட்டம் , போஸ்ட் அலுவலகம் சேமிப்பு திட்டம் , மேற்கு பெங்கல் ,

From new PF rules to domestic airfare: Changes coming into effect from today

From new PF rules to domestic airfare: Changes coming into effect from today - According to the new rule, now the employer is required to link every employee's account with the Aadhaar card from June 1. ....

Sukanya Samriddhi , Piyush Goyal , Confederation Of All India Traders , Income Tax Department , Provident Fund , Ministry Of Civil Aviation Mo , Come June , Civil Aviation , All India Traders , Small Savings , Small Saving Schemes , Lpg Pricing Of Cylinde , Cylinder Prices , Lpg Prices , Itr Filing , Gold Hallmarking , Fuel Prices , Small Savings Scheme , Bank Of Baroda , Old Hallmarking Rules , சுகன்யா சாமிரிட்தி , பியூஷ கோயல் , கூட்டமைப்பு ஆஃப் அனைத்தும் இந்தியா வர்த்தகர்கள் , வருமானம் வரி துறை , வருங்கால நிதி , அமைச்சகம் ஆஃப் சிவில் விமான போக்குவரத்து மோ ,

Curious case of revision and rollback of interest rate cut for small savings schemes | RTI

Curious case of revision and rollback of interest rate cut for small savings schemes | RTI
Curious case of revision and rollback of interest rate cut for small savings schemes | RTI
An RTI application filed by India Today TV has revealed why interest rate cuts on small savings schemes were rolled back in less than a day after the initial announcement. While Finance Minister Nirmala Sitharaman said it was an oversight , the RTI query reveals a different story.
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UPDATED: May 20, 2021 20:18 IST
The interest rate cuts on various small savings schemes were rolled back by the government on April 1, just a day after the revision. (Photo: Reuters/Representational image) ....

Priyanka Gandhi Vadra , Nirmala Sitharaman , Narendra Modi , Union Territory , Public Provident Fund , National Savings Scheme , Union Finance Minister Nirmala Sitharaman , West Bengal , Union Finance Ministerp Chidambaram , India Today , Prime Minister Narendra Modi , Economic Affairs , Small Savings Scheme , Hon Ble Finance Minister , Small Savings Schemes , நரேந்திர மோடி , தொழிற்சங்கம் பிரதேசம் , பொது வருங்கால நிதி , தேசிய சேமிப்பு திட்டம் , மேற்கு பெங்கல் , இந்தியா இன்று , ப்ரைம் அமைச்சர் நரேந்திர மோடி , பொருளாதார வாழ்க்கைத்தொழில்கள் , சிறிய சேமிப்பு திட்டம் , க .ரவ ப்ளே நிதி அமைச்சர் , சிறிய சேமிப்பு திட்டங்கள் ,

Poor people rely more on post-offices for their savings: SBI report

April 17, 2021
Savings Bank×
To further improve the economic condition of senior citizens, the report recommended giving full tax rebate on the interest amount up to a threshold level on the Senior Citizens Savings Scheme (SCSS).
Post-Office savings deposits are negatively correlated to per capita income while bank deposits are positively correlated with per capita income, according to State Bank of India’s (SBI) economic research report “Ecowrap”.
This indicate that poor people are more reliant on post-offices for their savings and when the income increase they shift to bank deposits first and not to financial products,as per the report put together by SBI’s Economic Research Department. ....

Uttar Pradesh , Soumya Kanti Ghosh , Vikas Patras , Public Provident Fund , Economic Research Department , State Bank , West Bengal , Kanti Ghosh , Group Chief Economic Adviser , Kisan Vikas Patras , Senior Citizens Savings Scheme , Small Savings Scheme , Post Office Savings , Sbi Ecowrap , Sbi Economic Research Report , Senior Citizens Saving Scheme , Post Office Deposits , உத்தர் பிரதேஷ் , சௌமிய காந்தி கோஷ் , விகாஸ் ப்யாட்‌ராஸ் , பொது வருங்கால நிதி , பொருளாதார ஆராய்ச்சி துறை , நிலை வங்கி , மேற்கு பெங்கல் , காந்தி கோஷ் , கீசன் விகாஸ் ப்யாட்‌ராஸ் ,

Public Provident Fund: Rs 1000 invested per month in PPF turns into Rs 26 lakh, here is the calculation

Highlights
Invest minimum Rs 500 per annum.
Maximum limit of Rs 1.5 lakh per annum.
New Delhi: The Public Provident Fund (PPF) Scheme, introduced by the National Savings Organization in 1968 was aimed at making small savings a lucrative investment option. If you choose your tenure wisely, PPF in the long term will yield very good returns.
Public Provident Fund currently offers an interest rate of 7.1 percent. A minimum of Rs 500 and a maximum of Rs 1.5 lakh per annum can be deposited every year in a PPF account at present. Deposits can be done maximum in 12 transactions.
The key to reaping a good return lies in starting saving from an early stage and carry it in a disciplined manner. If you invest even Rs 1,000 a month in Public Provident Fund , it will give you lakhs of rupees in return in the long term. Here is an assumptive calculation on how you can get over Rs 26 by investing a small amount of Rs 1000 per month in PPF. ....

New Delhi , National Savings Organization , Public Provident Fund , Provident Fund , Small Savings Scheme , Ppf Benefits , Ppf Investment , Ppf Earning , புதியது டெல்ஹி , தேசிய சேமிப்பு ஆர்கநைஸேஶந் , பொது வருங்கால நிதி , வருங்கால நிதி , சிறிய சேமிப்பு திட்டம் ,