Tax Savings Schemes for Financial Assets in India
Indian income tax rules provide multiple ways to reduce taxable income, but most taxpayers only use the Rs 1.5 lakh deduction under Section 80C. Due...
Tag : Public Provident Fund (PPF)
HDFC Raises Fixed Deposit Rates by Upto 25 Bps
The mortgage lender has raised interest rates on FDs maturing between 33 and 99 months by up to 25 basis points (bps). One bps equals...
FM Withdraws Interest Rate Cut Order on PPF
The Finance Ministry has withdrawn its decision to slash interest rates on small savings schemes like the Public Provident Fund (PPF) and the National Savings...
PPF for Senior Citizen Savings Scheme Rules Revised
The Department of Posts has revised rules of various authorities to sanction deceased claim cases in respect of Post Office Savings Schemes, including Public Provident...