Page 3 - Small Savings Schemes

Due diligence failure facilitated fraud

In a case of fraud, the National Commission found that a postal department had handed over a cheque meant for a couple to another person without an authorisation letter

Senior citizens: Strike a balance between tax saving and liquidity

They must also maximise the utilisation of the higher deductions available to them

Interest rates on small savings kept unchanged for fourth quarter of FY21

The rates have not been changed since September 1, 2020; status quo to help Centre raise additional resources, says Icra economist

Covid-19 makes small savings the prime channel for parking individual money

Collections by small savings schemes crossed Rs 1 trillion in April-September for the first time

Diversified portfolio is the best antidote to help you beat inflation

By allocating to equities, debt, and gold, you can earn positive real returns over long term

Financing the food chain: Challenges to ensure India remains hunger-free

The govt will face unprecedented budgetary challenges to ensure India remains hunger-free

Govt to discontinue 7.75% taxable savings bonds scheme from May 28

The bonds were issued in January 2018 for residents and Hindu Undivided Family (or HUF) members, and became instantly popular.

Claiming advance EPF is easy, but withdraw it only if you are in dire need

There is no income-tax on the advance, but withdraw only in dire need

PPF to recurring deposits: Breather for investors in small savings schemes

As cash is priority, you can delay payment. But there will be loss in interest income

Small savings schemes continue to score despite the steep rate cut

Despite the steep rate cut, you are unlikely to find better paying schemes without taking excessive risk

PPF to fetch 7.1%, NSC 6.8% as govt cuts small savings interest rates

This is because the government went for one of the steepest cuts of up to 1.4 percentage points in these interest rates to facilitate banks to lower their rates.

Govt cuts interest rates on small savings schemes as lockdown continues

Interest rates were also cut for a senior citizens saving scheme and National Savings Certificate

Budget 2020: Govt's reliance on small savings makes rate transmission tough

Bond yields will also be under pressure due to Rs 2.7 trillion of switches in FY21, which increases duration risk

Letters to BS: Incentivising savings could be a win-win for govt

An increase in the Public Provident Fund limit by Rs 1 lakh to Rs 2.5 lakh for individual households under 80C will lead to additional savings of more than Rs 2 trillion

Govt retains interest rates on small savings; depositors may cheer decision

A cheer for depositors, the move is contrary to what RBI and banks had advised

Small savings schemes: Govt keeps interest rates unchanged for Jan-Mar qrt

Interest rates for small savings schemes are notified on a quarterly basis

Small savings schemes: Look at post-tax return before deciding to invest

With the economy witnessing a slowdown, and the stock markets also turning volatile, many investors are looking for alternative avenues to park their savings

Small saving schemes that remain attractive despite the interest rate cut

Senior Citizens Savings Scheme, Sukanya Samriddhi Yojana and PPF continue to be attractive

Finance Ministry cuts small savings interest rates for July-Sept quarter

The stated objective of this move is to reduce cost of capital and enable higher lending and thus boost economic activity

Finance Ministry cuts small savings interest rates for July-Sept quarter

The stated objective of this move is to reduce cost of capital and enable higher lending and thus boost economic activity