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Monday, June 27, 2022

Public Provident Fund


Small savings schemes’ interest rates unchanged

April 01, 2022 12:30 am

Interest rates on small saving schemes are reset every quarter, but have not been revised since the first quarter of FY21.

Have an inactive PPF account? Here is how to revive it

April 28, 2021 5:41 pm

Inoperative PPF Account: Here's how you can reactivate your inactive PPF account.

Government may cut rate on small savings schemes in next quarter

March 18, 2020 5:38 pm

Bankers have been complaining that high rates on small savings schemes prohibit them from cutting deposit rates. Currently, there is a difference of nearly 100 basis points between deposit rate of banks and small savings rate for one-year maturity.

Interest rate on PPF, NSC drop by 0.1 per cent: Here's what the Finance Ministry notification says

July 01, 2017 5:27 pm

The Kisan Vikas Patra would drop down by 0.1 per cent and will now fetch an interest rate of 7.5 per cent. Another change made to the scheme is the increase in the duration of maturity which will now be 115 months as against 113 months.

To make economy more efficient, interest rates have to come down: Arun Jaitley on PPF rate cuts

March 20, 2016 9:53 pm

To make economy more efficient rather than sluggish, the country has to move towards lower interest rates in both," Finance Minister Arun Jaitley said.

Small savings rates cut: PPF, senior citizen scheme, deposits to earn less

March 19, 2016 8:27 am

Since the government is now moving on revising interest rates on such schemes every quarter, the new rates, therefore, will be applicable from April 1 to June 30.

For tax-related investments, equities are the best bet

December 22, 2014 1:12 am

Tax saving should not be taken up as a crisis management towards the end of the financial year.

PPF back to being popular on higher investment ceiling

December 05, 2014 2:19 am

The interest rate on PPF is higher at 8.7 per cent compared to bank deposits and most other small savings products, he pointed out.

Kisan Vikas Patra back as safe haven for savings

November 24, 2014 12:05 am

Widely popular in the 90s, THE SCHEME CAN be used as security and be pledged for availing loans.

Now invest Rs 1.5L in Public Provident Fund

August 20, 2014 11:41 pm

People can now deposit up to Rs 1.5 lakh annually in their Public Provident Fund (PPF).