Don’t miss the latest developments in business and finance.

Small Savings

Shift to new tax regime, steady rates affect collections

Updated On: 14 Nov 2024 | 10:31 PM IST

India has projected gross market borrowing at 15.43 trn Indian rupees ($185.88 bn) for the fiscal year ending on March 31, of which it plans to borrow 8.88 trn rupees between April and Sept

Updated On: 14 Sep 2023 | 5:00 PM IST

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

Updated On: 18 May 2023 | 8:46 PM IST

Rate on National Savings Certificate steeply raised by 70 bps, PPF kept unchanged

Updated On: 31 Mar 2023 | 11:27 PM IST

The interest rate on the Public Provident Fund has yet again been kept unchanged at 7.1%

Updated On: 31 Mar 2023 | 6:12 PM IST

Bonds have since pared their gains, with the budget math increasingly looking daunting as commercial interest rates soar tracking a tight monetary policy

Updated On: 11 Feb 2023 | 11:24 AM IST

Small savings rates for 1-year time deposit (6.6 per cent), 2-year time deposit (6.8 per cent) and 3-year time deposit (6.9 per cent) were raised by 110 bps

Updated On: 30 Dec 2022 | 10:30 PM IST

Rick talks about clients relating to him better because he had the courage to display his vulnerability and talk about the lessons learnt from his mistakes

Updated On: 06 Nov 2022 | 9:27 PM IST

National Savings Certificate, Public Provident Fund rate kept unchanged

Updated On: 29 Sep 2022 | 11:52 PM IST

If this happens, it will be the 10th straight quarter of status quo; govt official says Centre did not cut rates when policy rates were being cut during pandemic

Updated On: 28 Sep 2022 | 11:34 PM IST

Maharashtra has also seen an increase in net collections in recent years

Updated On: 02 Aug 2022 | 2:29 PM IST

Investors who want to avoid their long lock-in can choose from a host of other high credit quality options

Updated On: 08 Jul 2022 | 10:22 PM IST

While govt's market borrowings have doubled from FY16 to FY22, NSSF loans to finance fiscal deficit have grown 11x

Updated On: 09 Feb 2022 | 7:57 PM IST

However, do so only if your asset allocation requires you to invest more on the debt side, and you are comfortable with the long lock-in

Updated On: 04 Apr 2021 | 10:27 PM IST

Costlier loans from NSSF, at 7.4% interest rate, will occupy more than 10% share in govt's outstanding public debt soon, all to give the small saver a higher interest rate than the market

Updated On: 23 Feb 2021 | 6:56 AM IST

A record, this is 25% more than last year, and 130% more than the average of the past five years

Updated On: 18 Nov 2020 | 10:58 PM IST

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

Updated On: 11 Nov 2020 | 8:21 PM IST

Indicative of a possibility that people redeemed their savings for consumption after a likely loss in incomes

Updated On: 26 Aug 2020 | 8:23 PM IST

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

Updated On: 14 Apr 2020 | 2:46 AM IST

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

Updated On: 02 Feb 2020 | 11:31 PM IST