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Savings

PPF, NSC, SCSS, Post Office Schemes Interest Rates Stay Unchanged

Dec 31, 2021 Outlook Money Team

As per the latest circular of the government, the interest rate on small sav-ings schemes, including PPF, NSC, SCSS and post office deposits, will remain unchanged for the fourth quarter of the financial year 2021-22, ending March 31, 2022.

How Interest Income From Fixed Deposits And Savings Accounts Is Taxed

Nov 23, 2021 Meghna Maiti

While individual taxpayers who are not senior citizens get a tax benefit up to Rs 10,000 under Section 80TTA of the Income-tax Act on interest income from savings accounts, the entire interest income from FDs is added to their incomes.


How Much Do You Need To Save For An MBA Course?

A debt mutual fund is the best way to arrange the cost of doing an MBA after three to five years. Although, one can also save partially and go for an education loan for the remaining cost.

Top 5 Investment Options In 2021

Jan 01, 2021 Vishav

Here are the top five investment options for you for 2021 which is full of hope and promise.


SBI Cuts Savings Rate By 0.25% To 2.75% On all Deposits

In view of adequate liquidity in the system, SBI realigned its interest rates on Savings Bank Deposits, with effect from April 15, 2020, SBI said in a statement.

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01 April, 2020

Lower Interest Rates On Savings & Provident Funds Might Push Investors To Seek Alternate Avenues

Lola Nayar

The PPF interest rate of 7.1 per cent, down from 7.9 per cent, is the lowest in four decades, and the fixed and recurring deposit rates are the lowest since 1991.


01 April, 2020

Govt Cuts Interest Rates On PPF, Other Small Savings Schemes

Outlook Web Bureau

The interest rate on the five-year term deposit has been reduced to 6.7 per cent from current rate of 7.7 per cent.


07 December, 2017

Preparing For Cyprus Moment: Centre May Allow Banks To Use Your Hard-Earned Deposits In Case It Collapses

Kumar Shankar Roy

Scary Bail-in clause in FRDI Bill cleared by the Union Cabinet in June 2017 allows banks to finance themselves using depositors money.


06 October, 2017

Government Makes Aadhaar Mandatory For Post Office Deposits, PPF, KVP And NSC

Outlook Web Bureau

Ministry of Finance has issued four separate Gazette notifications making Aadhaar mandatory for opening all post office deposit accounts, Public Provident Fund (PPF), National Savings Certificate scheme and Kisan Vikas Patra deposits.


11 August, 2017

Provident Fund Account Will Now Be Transferred Automatically On Job-Switch

Outlook Web Bureau

'Now we have made Aadhaar compulsory for enrolment. We don't want accounts to be closed. The PF account is the permanent account. The worker can retain the same account for social security.'


Photo Gallery

A farmer sits near his red chillies at a deserted APMC market, during the weekend curfew imposed by the Karnataka government to curb the spread of COVID-19, in Hubballi.

PTI Photo

Delhi Chief Minister & AAP National Convenor Arvind Kejriwal being welcomed by women supporters during his door-to-door campaign ahead of the Goa Assembly elections, in Goa.

PTI Photo

A health worker collects swab sample of a woman for COVID-19 test, amid concerns over rising Omicron cases, in Gurugram.

PTI Photo

Traffic jam on a road at Shalimar Bagh during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan

The Lajpat Nagar market wears a deserted look during the weekend curfew imposed by the Delhi government to curb the spread of Covid-19, in New Delhi.

PTI Photo/ Shahbaz Khan
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