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PREMATURELY WITHDRAWAL RULES
Hong Kong-based son gets tax notice after father buys insurance policy in his name with cash; he fights back and wins case in ITAT MumbaiAn NRI in Hong Kong faced an income tax dispute after withdrawing cash from his NRE account to give to his father. The father used this mon...09 Jun, 2026, 04.57 PM IST- Post office TD vs PSU bank 5-year FD: Where can you get higher maturity on Rs 2 lakh investment?For a 5-year fixed deposit, the Post Office TD scheme currently offers a higher interest rate compared to most public sector banks' 6%-6.25...11 May, 2026, 02.22 PM IST
- India’s new safe harbour rules create fresh tax dilemma for multinationals, GCCsMultinationals in India are reassessing their tax strategies. A new safe harbour regime offers lower margins for IT and ITeS services. Comp...08 May, 2026, 07.29 AM IST
- Has Sukanya Samriddhi Account interest rate revised for this quarter (April-June 2026)?Sukanya Samriddhi Account interest rate: The Sukanya Samriddhi Account (SSA) currently offers an 8.2% annual interest rate, compounded annu...27 Apr, 2026, 09.00 AM IST
- PPF interest rate 2026: Has Public Provident Fund interest rate increased for April-June 2026 quarter?Public Provident Fund interest rate: The Finance Ministry confirmed that rates for small savings schemes will continue from the previous qu...08 Apr, 2026, 02.56 PM IST
- Recurring deposit (RD) premature withdrawal: Eligibility, interest rate, other rules explainedPost office RD scheme: You might have invested money in a post office RD scheme, however due to any financial need or trouble you may wish ...22 Jun, 2024, 04.54 PM IST
- Tax-saving investment: 7.1% interest in PPF or 8.25% returns in VPF; which is a better option to save tax this year?Tax-saving investment ideas FY23-24: PPF has been a go-to option for traditional investors to save tax while planning for retirement. Is th...22 Mar, 2024, 08.31 PM IST
- If 5-year post office FD is prematurely withdrawn you will get only savings account interestThe premature withdrawal rules for post office time deposits (also known as post office FD) has been revised by the government. The new rul...07 Dec, 2023, 12.33 PM IST
- You can't prematurely withdraw 5-year post office FD before 4-yearsThe finance ministry has revised the rules for post office time deposits (POTD) recently. One of the major change in the rules is that five...05 Dec, 2023, 01.15 PM IST
- Senior Citizens Savings Scheme (SCSS) premature withdrawal rules changed; check detailsSenior Citizen's Savings Scheme rule change: The government released a notification implementing numerous significant changes to the popula...23 Nov, 2023, 02.02 PM IST
- NPS withdrawal rules for Tier 1 account: All you need to knowNPS subscribers can withdraw a maximum of 60% of the accumulated corpus in the Tier 1 account as a lump sum at the time of retirement. If t...06 Nov, 2023, 06.30 AM IST
- NPS subscribers must choose annuity pension plan as per need, no additional fee for selecting insurer: PFRDANPS rule: When selecting an Annuity Service Provider (ASP) while exiting the pension corpus, National Pension System (NPS) subscribers are ...28 Jul, 2023, 05.12 PM IST
- HDFC Ltd-HDFC Bank merger: Will HDFC Ltd fixed deposit investors get the benefits of HDFC Bank FDs post-merger?HDFC Ltd-HDFC Bank Merger: If you have a fixed deposit with HDFC Ltd., you are bound to witness certain changes post-merger. Your FD accoun...06 Jul, 2023, 01.40 PM IST
- Sovereign Gold Bond 2017-18 Series III can be withdrawn at 105% higher than issue price on this dateSovereign Gold Bond 2017-18 Scheme Series III was priced at Rs 2,964 per gram at the time of issue. The Reserve Bank of India has set the r...14 Apr, 2023, 02.49 PM IST
- Sovereign Gold Bond 2016-17 Series IV can be withdrawn at 75% higher than issue price on this dateThe tenure of Sovereign Gold Bond Scheme is eight years; however, premature withdrawal can be done after the fifth year from the date of is...14 Apr, 2023, 02.13 PM IST
- Sovereign Gold Bond premature withdrawal Oct 2022-March 2023: Know dates, early redemption rulesRBI has notified the details of the Sovereign Gold Bond tranches, which are due for premature redemption during the period October 1, 2022,...24 Nov, 2022, 03.32 PM IST
- Post office time deposit premature withdrawal can cost you 48% of the interestWhere banks usually charge a penalty of 0.50-1% for premature withdrawals, for POTD the charge will be much higher as it will depend on how...21 Aug, 2021, 09.52 AM IST
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