Government slashes interest rates on PPF, NSC
Big dent in your savings as govt slashes PPF, NSC rates. Watch the complete news to get full overview of the happenings.
Mar 19, 2016, 16:14 PM IST
Savings shocker: How PPF, small savings rates cut will impact you
The government on Friday slashed interest rates on schemes that investors have been using to build their social security funds
Mar 19, 2016, 10:04 AM 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
Govt slashes small saving schemes interest rates; interest on PPF cut to 8.1% from 8.7%
The government has slashed the interest rate on a bunch of small savings schemes like Public Provident Fund (PPF), Kisan Vikas Patra and Post Office deposits.
Mar 18, 2016, 18:37 PM IST
Central trade unions stage dharna before East Singhbhum district headquarter
Central Trade Unions of the country today staged dharna in front of the East Singhbhum district headquarter here demanding immediate withdrawal of amendments made in the labor laws
Mar 11, 2016, 01:03 AM IST
EPF tax row: Final stand on taxing during Budget debate, says Arun Jaitley
Facing flak for proposing a tax on employee provident fund withdrawals, Finance Minister Arun Jaitley said he will spell out the final decision on the matter when he replies to the debate on Budget in Parliament.
Mar 02, 2016, 16:55 PM IST
Unions oppose tax on provident fund withdrawals
Rejecting government's contention that proposed tax on EPF withdrawals was aimed at moving towards pensioned society, trade unions today said retirement fund body EPFO which has over 5 crore subscribers already provides pension under its social security scheme.
Mar 02, 2016, 15:10 PM IST
PPF stays on exemption list; govt to consider partial rollback of tax on EPF withdrawals
The government on Tuesday promised to consider demands for a partial rollback of the proposal to tax 60 percent of withdrawals from provident fund and a ceiling on employers contribution but made it clear that PPF will continue to be exempt from tax.
Mar 01, 2016, 17:50 PM IST
Online petition against EPF tax goes viral
An online petition against retirement tax has gone viral on social media with nearly 3,000 signups seeking urgent and immediate withdrawal of EPF Tax just a day after it was announced in the Budget.
Mar 01, 2016, 12:58 PM IST
Interest on short-term post office schemes, KVP and 5-year RD cut by 0.25%; PF to earn more
There will be no change in interest rate on long-term instruments like 5-year term deposit and similar tenure National Saving Certificates (NSC), Sukanya Samriddhi Yojana as well as Public Provident Fund (PPF).
Feb 17, 2016, 13:25 PM IST
Interest rate on small post office schemes cut by 0.25%; PF rate hiked to 8.8%
Interest on short-term post office saving deposits was Tuesday cut by 0.25 percent while the rate on employees' provident fund was increased marginally to 8.8 percent.
Feb 16, 2016, 21:45 PM IST
Govt cuts rates on short-term post office schemes by 0.25%
The government on Tuesday cut rates on short-term post office deposits by 0.25 percent but left long-term instruments such as MIS, PPF, senior citizen and girl child schemes untouched.
Feb 16, 2016, 20:33 PM IST
Interest on PPF, NSC left unchanged; cut by 0.25% on Kisan Vikas Patra, 5-year RD
Government on Tuesday cut interest rates on small savings of 1, 2, 3 year term deposits; Kisan Vikas Patra and 5-year Recurring Deposit by 0.25 percent.
Feb 16, 2016, 19:40 PM IST
Government likely to link interest on small saving schemes to bank deposits, RBI’s rate
The government may soon announce interest rate transmission policy under which the interest rates on small saving schemes like PPF and post office deposits may be renewed on a quarterly or half yearly basis.
Oct 04, 2015, 10:17 AM IST
Govt likely to lower small savings interest rate
Government is likely to lower interest rates on small savings like PPF and post office deposits to bring them in line with market rates.
Sep 29, 2015, 22:51 PM IST
Finance Ministry decides to revisit small savings interest rate
The Finance Ministry on Tuesday said the interest rate on small savings like PPF and post office deposits will be reviewed, but interest of small savers will be taken into account while doing so.
Sep 29, 2015, 19:14 PM IST
Bankers see higher PPF rate limiting more deposit rate cuts
Bankers have said there is more room to cut deposit rates which can help bring down lending rates, but fear that competing savings instruments like PPF and tax-free bonds will limit their ability.
Aug 02, 2015, 14:55 PM IST
Sukanya Samriddhi to earn at 9.2% interest, PPF 8.7% for FY'16
Investments in Sukanya Samriddhi Account, the special deposit scheme for girl child, will earn higher interest rate of 9.2 percent, while the rate on popular tax saving Public Provident Fund has been retained at 8.7 percent for 2015-16.
Mar 31, 2015, 21:06 PM IST
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Sep 04, 2014, 13:45 PM IST
FinMin sets up panel on unclaimed PPF, small savings deposits
Finance Minister Arun Jaitley has set up a committee under RBI Deputy Governor H R Khan to assess the amount of unclaimed deposit in the popular PPF and Post Office saving schemes, and suggest steps for utilisation of funds for the benefit of senior citizens.
Sep 03, 2014, 19:07 PM IST
