Central government withdraws decision to reduce interest rates on small savings schemes
After hours of reducing interest rates on small savings schemes, the central government has decided to withdraw the order. Finance Minister Nirmala Sitharaman said in a tweet on Thursday that the interest rates of the government's small savings schemes will continue to be similar to the last quarter of 2020-21.
Apr 01, 2021, 09:54 AM IST
PPF: Eligibility, investment limit, interest rates and all you need to know
Public Provident Fund (PPF) is a 15-year investment scheme under which an investor enjoys tax exemption at the time of deposit, accrual of interest and withdrawal.
Sep 02, 2017, 13:27 PM IST
Interest rate cut on savings: Cong accuses government of fleecing the poor
New Delhi; Congress tonight reacted sharply to government's move of slashing interest rates on all small savings schemes, including PPF, saying it is "fleecing" the poor and is a "criminal breach"
Mar 19, 2016, 00:16 AM IST
