It is important to note that the Section 80C exemption of up to Rs 1.5 lakh per annum is only available under the old income tax regime. (AI image) Post Office Savings Schemes Income Tax Benefits: Post Office Savings Schemes are seen as a secure investment alternative in India with government backing. Some of these post office small savings schemes …
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NEW DELHI: With RBI cutting policy rates for the first time in five years, govt is set to lower rates on small savings schemes, such as Public Provident Fund (PPF), during the next financial year.While the next review, covering the April-June quarter, is due on March 31, the finance ministry may not go for an immediate cut as the transmission …
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Small savings schemes include the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY). (AI image) Post Office Savings Schemes Interest Rates January-March 2025: The Finance Ministry announces the interest rates for small savings schemes, also popularly called the post office savings schemes, every quarter. Small savings schemes include the Public Provident Fund (PPF), Sukanya Samriddhi Yojana (SSY), Mahila Samman Savings …
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The government has decided to keep the interest rates on various small savings schemes unchanged for the fourth consecutive quarter, starting from January 1, 2025, and continuing through to March 31, 2025. A notification issued by the finance ministry confirmed “The rates of interest on various small savings schemes for the fourth quarter of FY 2024-25, starting from January 1, …
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