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Small savings may be rewarding Updated: Updated: May 23, 2021 21:42 IST With the possibility of a downward revision in rates looming, it’s time to consider your options here Share Article AAA With the possibility of a downward revision in rates looming, it’s time to consider your options here We are all aware of the flurry of activity that happened at the start of the current financial year: interest rates on Small Savings Schemes, of which the Post Office Schemes are a part, were reduced drastically through a government notification, on March 31. The very next day, the order was withdrawn and the erstwhile rates were maintained. ....
You know how people like to talk about the theory of compound interest. Isn’t it great to see how it works in real life? Here are a few examples. How will you use them to improve the future financial fitness of that special child in your life? ....