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Post Office Savings Scheme

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'Nitish Kumar Is Amitabh Bachchan Of Bihar Politics'

'This election was won because of Nitish Kumar's face and his policies.' IMAGE: A poster of Bihar Chief Minister Nitish Kumar displayed outside the Janata Dal-United office in Patna. Photograph:......

Has Karur Tragedy Halted Vijay's Political Rise?

The Karur tragedy has exposed the huge gaps in Vijay's understanding of realpolitik, elections and political administration, asserts N Sathiya Moorthy. IMAGE: Tamilaga Vettri Kazhagam Founder......

Kerala's SMA Treatment Model Offers Hope

The Kerala model is crucial as SMA patients in India had a long wait for a viable treatment option. Kindly note the image has been posted only for representational purposes. Photograph: Kind......

It's Time to Update Army Regiment Names

The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd). Illustrations: Dominic......

Will Pakistan's Generals Never Learn?

Asim Munir and his brand of short-sighted Pakistan army officers give no inkling of paying heed, changing course or learning lessons from the past, observes Rana Banerji, who headed the Pakistan......

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......

Now, post office savings accounts to be taxed

The government has decided to levy tax on the interest obtained on post office savings schemes from the current financial year.The Central Board of Direct Taxes has brought out a notification in......

Bonus, tax relief on post office savings

The government on Friday announced a 5 per cent bonus on new monthly post office deposits.The bonus will be applicable for Post Office Monthly Income Accounts opened on or after December 8, the......

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......

PPF interest rates to be floating, post office savings spared!

The government on Wednesday said interest rates on post office savings schemes, except the PPF, will remain fixed throughout the term of the scheme. It clarified that interest rate for such small......

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