NSC

RBI floating rate bonds interest rate to remain 7.15% till June 30, 2021

This comes as a relief for fixed income investors, especially senior citizens, as currently there are only three investment options with re...

Budget 2020 proposal for salaried professionals: PPF, NSC sops on cards to increase taxpayers' savings

Finance Ministry may allow tax exemptions of up to Rs 2.5L for savings and up to Rs 50,000 for NSC.

PPF, NSC and other small savings scheme interest rates kept unchanged by govt

The finance ministry made this announcement via a circular dated September 30, 2020. As per the circular, the interest rate on small saving...

Post office schemes’ interest rates higher than bank FDs but look at these options too

Investors can consider options other than bank FDs as these are currently offering low rates of interest. However, keep in mind that bank F...

How nominees can claim money from small savings schemes like PPF, NSC

The government via circular dated August 28, 2020, has streamlined the process of claiming money from small savings schemes like PPF, NSC e...

PPF, NSC and other post office schemes interest rates remain unchanged

For Q1 of FY 2020-21, the government had slashed rates of small savings schemes by 0.7-1.40%. If the government had cut rates for this quar...

Huawei faces ban in Britain, uncertainty swirls over timing, extent

The debate has played out against a backdrop of a crackdown in Hong Kong and questions about China's handling of coronavirus, damaging rela...

British government set to take a U-turn on Huawei's role in 5G technology

It is unclear how far Johnson will go on Tuesday. Operators already had to cap Huawei's role in 5G at 35% by 2023. Reducing it to zero over...

Small savings scheme, PPF rates remain unchanged

​During the start of the first quarter of FY21, the government had lowered the rates on various schemes by as much as 1.4 percentage points...

US' 'adversaries' trying to take advantage of current situation to gain edge on free world: NSA

NSA O'Brien, during an internal phone call with his advisors last week amidst protests against the killing of Floyd, said: "Our adversaries...

PPF to fetch 7.1%, NSC 6.8% as govt slashes small savings schemes interest rates

Rates of these schemes have been slashed by between 70 bps and 140 bps for the Apr-June quarter.

Common application form issued for PPF, NSC and other small savings schemes

It must be recalled that the finance ministry had revised rules and introduced separate forms for each small savings scheme via a notificat...

COVID-19 impact: What RBI's emergency rate cut means for your loans, fixed deposit investors

The RBI, today, cut the repo rate and reserve repo rate by 75 basis points and 90 bps, respectively (100 basis points/bps = 1 per cent). Th...

Govt may cut interest rate on PPF, NSC, other small savings schemes next quarter

During the current quarter, the government refrained from cutting interest rates on small savings schemes, such as Public Provident Fund (P...

PPF, NSC and other small savings schemes interest rates kept unchanged for March quarter

For the quarter ending March 2020, small savings schemes such as the Public Provident Fund (PPF), National Savings Certificate (NSC) will c...

PPF, NSC rates may be lowered after RBI move

The finance ministry had agreed to move to a market-linked regime for small savings schemes.

Plan to supersede NSC with PM-led council shelved

Why create a structure that will be difficult to maintain? the official said.