Tag: Senior Citizens Savings Scheme

Why are small savings schemes so important?

On 31 March, the government slashed interest rates on small savings schemes. The Public Provident Fund (PPF) interest rate was cut from 7.1% to 6.4%....

Check interest rates, tax benefits

Coronavirus has taken a huge toll on economy, impacting our lives in more ways that one. The central banks across the world cut interest rates...

Senior Citizens Savings Scheme offers over 7% returns amid record low interest rates. Key benefits

Coronavirus has taken a huge toll on economy, impacting our lives in more ways that one. The central banks across the world cut interest rates...

Govt to issue floating-rate bonds at 7.15%; should you subscribe?

After withdrawing the popular 7.75% (taxable) bonds on 28 May, the government has announced the launch of a new series of bonds with an interest...