It is important to note that the Section 80C exemption of up to Rs 1.5 lakh per annum is only available under the old income tax regime. (AI image) Post Office Savings Schemes Income Tax Benefits: Post Office Savings Schemes are seen as a secure investment alternative in India with government backing. Some of these…
NEW DELHI: With RBI cutting policy rates for the first time in five years, govt is set to lower rates on small savings schemes, such as Public Provident Fund (PPF), during the next financial year.While the next review, covering the April-June quarter, is due on March 31, the finance ministry may not go for an…
The government has decided to keep the interest rates on various small savings schemes unchanged for the fourth consecutive quarter, starting from January 1, 2025, and continuing through to March 31, 2025. A notification issued by the finance ministry confirmed “The rates of interest on various small savings schemes for the fourth quarter of FY…
Last Updated:November 29, 2024, 12:29 IST PPF Vs EPF Vs NPS: Each scheme comes with its unique features, tax benefits, and investment options; here’s a detailed comparison. Retirement planning is a crucial aspect of personal finance, and choosing the right savings plan can significantly impact your financial security in the golden years. PPF Vs EPF…
