Interest rate on popular options like PPF (7.1%), NSC (7.7%), Sukanya Samriddhi (8.2%) and SCSS (8.2%) remain unchanged.
Planning for your child’s future is one of the most important financial decisions you’ll make as a parent. Whether it’s for higher education, extracurricular activities, or starting their own career or business, the earlier you begin investing, the better prepared you will be to meet the financial demands that lie ahead.
Debasis Kundu and A Ganesh Kumar have been named as the new members of NSC, even as a panel reviews its methodologies
The development comes a day after the premier shared a letter – purportedly showing evidence of a "foreign conspiracy" to oust his government – with his cabinet members in a hurriedly called meeting, which was not attended by PTI’s two major allies – Muttahida Qaumi Movement-Pakistan (MQM-P) and Balochistan Awami Party (BAP) – despite being invited.
Patrushev, the National Security Council head from Moscow and Putin's right-hand man, is dealing directly with the world’s strategic big wigs
This was notified by the Finance Ministry on September 30
Tax-saving investments for the financial year ended March 31, 2020 can be done till July 31
The infrastructure and service standards at many post offices are not up to the mark
Investors should only expect inflation plus 1.5 percent points return from their fixed income investments
While the rate cut is steep, you can continue investing in these instruments for various goals based on your asset allocation
The interest rate for the five-year Senior Citizens Savings Scheme has been retained at 8.6 per cent. The interest on the senior citizens' scheme is paid quarterly.
The move is especially expected to benefit small savers and senior citizens
Investors need not worry about investments in NSC and RBISB, as they are backed by the sovereign
But in the past week, the mild-mannered official has been caught up in a political storm that has threatened to undermine Prime Minister Narendra Modi's government months before a general election.
Rahul Gandhi tagged a media report which cited a report which said the unemployment rate is highest in 45 years.
As regards the back series data of the GDP, the statement said that NSC had itself advised the ministry to finalise and release it.
According to a report by Business Standard, the former members believed that that government has refused to take the Commission seriously over two counts.
In the case of public provident fund (PPF), the account is deemed to be closed the day the status of the account holder changes to NRI.
"What India is doing in Afghanistan is not a threat to Pakistan. They're not building military bases. They're not deploying troops," National Security Council (NSC) spokesman Michael Anton said yesterday.
In the long run, chances are that investments in small saving schemes may not be able to get good returns as compared to other investment options available in the market.
Modi arrived in the Kazakh capital yesterday on a two-day visit to attend the Shanghai Cooperation Organisation (SCO) Summit where India and Pakistan will be inducted as full members of the bloc.
The type of tax-saving instrument one chooses should depend a lot on the risk profile, age and fund availability as well as income bracket of an individual.
In NSC there is no tax deduction at source so the investor will get the entire amount back at the time of maturity with the capital invested
Income tax laws mandate a minimum holding period, before an owner sells his/her residential house, to avail of tax benefits. Let us analyse the various provisions, under the Income Tax Act, to understand the R
Individual savers will regret the fact that rates have come down, but this is only correcting an aberration, says Ananth Narayan of Standard Chartered Bank