Tag: Tax Saving Schemes

Government has announced revised/increased interest rates for Q4 of FY 2023-24 (01/01/2024 to 1/03/2024), in respect of certain small saving schemes.

Summary of Quarterly Changes in Interest Rates of Small Saving Schemes (KVP, MIS, NSC, PPF, RD, SB, SCSS, SSAS and Term Deposits) from FY 2016-17 to Q3 of FY …

The Government revised interest rates for small saving schemes in Q3 FY 2023-24 (Oct-Dec 2023). Notably, 5 Year Recurring Deposits will now earn 6.7% p.a., up from the previous …

Explore the revised/increased interest rates notified by Government in respect of certain small savings schemes for Q2 of FY 2023-24.

Earn higher returns on your investments with the latest interest rates on Small Savings Schemes. Check out the revised rates for Q1 of FY 2023-24 here.

The Goverment has increased interest rates for Small Saving Schemes in Q4 2022-23. Learn which schemes have been affected and how to make the most of them.

Government has clarified certain concerns, relating to the premature closure of SCSS Accounts by banks/post offices, upon death of the SCSS Account holder(s).

Section 80TTB has been inserted by the Finance Act, 2018 to provide for a higher deduction of upto Rs 50,000 in respect of interest income, in the case of …

Section 80TTA of Income Tax Act, 1961 provides for a deduction of upto Rs 10,000 from the interest income earned from savings deposits with a Bank or Post Office, …