Gujarat junior clerk exam cancelled after paper leak

The Gujarat government's competitive examination for the recruitment of junior clerks was cancelled hours before it was scheduled on Sunday after its question paper leaked, officials said. Image......

Post office staff swindles Rs 96 cr of public money in saving schemes: CAG

The staff at post offices misappropriated Rs 95.62 crore of public money between November 2002 and September 2021, the Comptroller and Auditor General has said. The money may seem small but it is......

Interest rates on FDs offered by post offices hiked

A day ahead of Lok Sabha polls announcement, the government today decided to hike interest rates on fixed deposit schemes offered by post offices by up to 0.2 per cent. The interest rate on......

Postal deposits may lose TDS exemption

A fixed or recurring deposit with the post office could soon require you to pay tax on the interest earned.The income tax department is mulling withdrawing the tax-deducted-at-source exemption on......

Bank deposits may not always be tax-free

Are you receiving emails or telephone calls from banks advising you to invest in recurring deposits because there is no tax deducted at source (TDS) in this case? Remember, such investments......