national savings certificate

The Finance Ministry has released the latest interest rates for the first quarter of the new financial year FY 2026-27 from April to June. The interest rates for all small savings schemes have been kept unchanged.

The ministry of finance is examining a proposal to incorporate an insurance component in the national savings certificates (NSC), which have been one of the favourite tax-saving modes, especially for the salaried class.

The national savings certificate (NSC) is a preferred savings instrument in India. The scheme, which is backed by the government, gives its subscribers assured returns at a fixed interest rate of 6.80% compounded annually but payable at maturity.

Beginning this Thursday, investors in small savings schemes will start earning higher returns. The finance ministry has notified that from December 1 the rate of interest on Public Provident Fund (PPF) scheme in the current financial year ending March 2012 would be 8.6%, up from 8%.

national savings certificate (NSC) is one of the most favoured savings schemes of the government to help individuals in tax saving and getting assured returns.

The maturity for Monthly Income Scheme (MIS) and national savings certificate (NSC) would be reduced to five years from six years and a new NSC instrument with a maturity of 10 years would be introduced.

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NSC offers a fixed 7.7% interest, attracting investors with tax benefits. It has a 5-year maturity period, deposit requirements, and conditions for pledge, transfer, and premature closure.

A key reform measure which would help investors earn higher interest rates is being held up due to stiff resistance from agents selling instruments such as national savings certificate and post office deposit plans.

A key reform measure which would help investors earn higher interest rates is being held up due to stiff resistance from agents selling instruments.

The Thane Municipal Corporation has specially focused on upgrading the municipal schools with various projects in the pipeline.

The clock's ticking away and the taxman's waiting. If you haven't managed to get your act together yet, here is a quick guide to calculating your tax liability.

It comes as a pre-Diwali bonanza for nearly 16 lakh state employees. Setting their festive mood, chief minister Mayawati has announced an ad hoc bonus equal to the pay of one month for them, including those working as casual and daily-wage employees for the year of 2009-10.

Hindu undivided families (HUFs) will now have to mandatorily exit from the public provident fund (PPF) on completion of 15 years.

The Patna Police and Special Task Force (STF) personnel on Saturday busted an interstate gang engaged in printing fake currency notes, judicial stamps, non-judicial stamps, national savings certificates (NSC) and bank drafts of State Bank of India.

'Hum do, hamare do' concept of family planning seems to be steadily gaining acceptance in rural areas of the state.

Centre asks financial sector legislative reforms panel to relook at rules.

In a state-level competition organised by the social forestry department (SFD) for 2008-09, Gondia police headquarters was adjudged first from Vidarbha and second at the state-level.

Government has restricted transfer of national savings certificate (NSC) by investors to only once in its tenure.