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.

You are liable to pay a heavy penalty and interest if you omit any income. Here are some you need to consider

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.

The Patna police on Wednesday seized fake stamp papers, fake national savings certificates, fake postage stamps as well as fake foreign currency worth over Rs 100 crore following raids on two houses under the Patrakarnagar and Ramkrishnanagar police stations' areas.

NSC provides tax benefits and 7.7% interest rate for investors. Quarterly reviewed by the Ministry of Finance, NSC allows joint investments with a five-year lock-in period. Online account opening via DOP internet banking involves specific steps for interested individuals.

Prime Minister Narendra Modi owns total movable assets worth over Rs 2.23 crore, including Rs 2.10 crore as bank fixed deposits and multi-option deposits, but no longer owns any immovable property, having donated his share in a piece of land in Gandhinagar, as per the latest disclosure of his movable and immovable assets as on March 31, 2022.

A committee set up by the finance ministry has recommended that the annual PPF limit be enhanced from the present level of Rs 70,000 to Rs 1 lakh.

Though rising rates may be bad for the equity markets, debt funds and borrowers, but investors can benefit from them

Punjab government on Friday announced a festive bonanza for its employees, giving 8% hike in Dearness Allowance (DA) payable to government employees/pensioners which was due from January 2013.

The Patna police on Monday arrested one Brahmdeo Jha from Gardanibagh locality and recovered fake stamps and National Saving Certificates (NSCs) from his possession.

Even as there is uncertainty over setting up self-financed universities owing to a dispute over provision of reservation for backward classes, the Congress-NCP government has now proposed a bill for the setting up of self-financed schools.

Finance minister Arun Jaitley has reintroduced small savings schemes like Kisan Vikas Patra (KVP) and national savings certificate (NSC).