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PPF, post office savings interest rates may fall

With small saving deposits commanding an interest rate of 8.7 to 9.3 per cent, banks have been reluctant to transmit the entire policy rate cut by RBI to borrowers. In a signal to banks to cut......

How much you will earn from Sukanya Samriddhi, PPF

Investments in Sukanya Samriddhi Account, the special deposit scheme for girl child, will earn higher interest rate of 9.2 per cent, while the rate on popular tax saving Public Provident Fund has......

Senior citizen welfare fund with unclaimed PPF/EPF deposit soon

Government proposes to create senior citizen welfare fund with unclaimed deposit of Rs 9000 crore (Rs 90 billion) in Public Provident Fund/Employees' Provident Fund schemes, said Finance Minister......

FinMin mulling hiking lock-in period for PPF account

The finance ministry is considering a proposal to raise the minimum lock-in period for withdrawal from a PPF (Public Provident Fund) account from six to eight years, to attract longer term funds......

FinMin sets up panel on unclaimed PPF, small savings deposits

Finance Minister Arun Jaitley has set up a committee under Reserve Bank of India Deputy Governor H R Khan to assess the amount of unclaimed deposit in the popular Public Provident Fund and Post......
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  Web results for Ppf
Rate review to have built-in safeguards

New Delhi, Oct. 5: The finance ministry today said the interest of small savers, especially senior citizens and the girl child, will be kept in... ...
Subsidies slide to 1.6 per cent of GDP

Comment · print · T T T+· T- - PHOTO: Shanker Chakravarty While many commentators expressed doubt, we have simultaneously achieved 10... ...
Centre may go slow on cutting small savings rate

New Delhi : The finance secretary Ratan Watal on Monday indicated that the government may not be in a hurry to cut interest earned on small saving... ...
Time your investments properly to save taxes

The salaried class taxpayers gear up for shopping when the festive season is round the corner, be it buying new clothes or spending on luxury... ...
Govt says it'll protect interest of senior citizens while revising rates

Finance Ministry had last week said it would review the small savings schemes, which includes PPF and post office deposits Press Trust of India |... ...

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