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Citing 'oversight', Sitharaman rolls back cut in interest rates

Finance Minister Nirmala Sitharaman on Thursday said the government will roll back a steep interest rate cut on small saving schemes such as PPF and NSC -- saying it was an oversight, a move being......

Interest rate on PPF slashed to 6.4%, NSC's to 5.9%

The government on Wednesday cut interest rates on small savings schemes, including NSC and PPF, by up to 1.1 per cent for the first quarter of 2021-22 in line with falling fixed deposit rates of......

New tax regime: 'Not a single person will be loser'

The tax rate rises to 10 per cent, 15, per cent, 20 per cent and 25 per cent for every Rs 2.5 lakh addition. A 30 per cent tax is charged for income over Rs 15 lakh. Illustration: Dominic......

Why you must build a health care corpus

'Apart from providing you with the ability to withstand escalating medical expenses, a dedicated financial plan for health will also ensure financial independence in old age,' advises Arun Thukral,......

Interest on small savings hiked after years

After a gap of several years, the government has raised interest on small savings, including NSC and PPF, by up to 0.4 per cent for the October-December quarter, in line with rising deposit rates......

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