WebApr 1, 2024 · Having said that, here is a list of interest rates for various small savings schemes: PPF interest rate: 7.1 per cent. NSC interest rate: 6.8 per cent. Savings deposit interest rate: 4 per cent. Kisan Vikas Patra interest rate: 6.9 per cent (maturity of 124 months) Sukanya Samriddhi Yojana interest rate: 7.6 per cent. WebDec 23, 2024 · Small Savings Schemes are a set of savings instruments managed by the central government with an aim to encourage citizens to save regularly irrespective of their age. They are popular as they not only provide returns that are generally higher than bank fixed deposits but also come with a sovereign guarantee and tax benefits.

Govt raises interest rates on most small saving schemes

WebMar 22, 2024 · Some of the best saving schemes in India are PPF, EPF, NPS, Sukanya Samriddhi Yojana, Atal Pension Yojana, VPF, Kisan Vikas Patra, etc. ... By visiting your … Web21 rows · Revision of interest rates for Small Savings Schemes for first quarter of … po breakthrough\u0027s

Best Saving Plans in India 2024 - Policybazaar

Web10 hours ago · Investment in small savings scheme enable investors to claim income tax exemption under section 80C of the Income Tax (I-T) Act, 1961. It is vital to note that to be able to claim exemption, one should now opt for the old tax regime since the new tax regime (i.e., the default regime) doesn’t entitle tax payers to claim tax exemptions. WebApr 2, 2024 · The Indian Finance Ministry has recently issued a notification mandating the submission of Aadhaar card and PAN card for small saving schemes such as Public Provident Fund (PPF), National Savings Certificate (NSC), Senior Citizen Saving Scheme, Sukanya Samriddhi Yojana (SSY), Mahila Samriddhi Scheme and others. po boys sandwich recipe