post-office-savings - Latest News on post-office-savings | Read Breaking News on Zee News

Returns on post office savings still favourable: Montek

Last Updated: Monday, March 25, 2013, 19:32

Planning Commission Deputy Chairman Montek Singh Ahluwalia Monday justified the lowering of rate of interest on small saving schemes saying the returns remain favourable to depositors in real term.

PPF, post office small savings interest rates cut by 0.1%

Last Updated: Monday, March 25, 2013, 14:32

Millions of small savers and PPF account holders will earn less on their post office savings schemes, with the government deciding to reduce interest rates on them marginally by 0.10 percent.

Over Rs 750 cr lying in inactive post office saving A/Cs: Govt

Last Updated: Wednesday, August 22, 2012, 20:50

West Bengal led the tally of unclaimed deposits with over Rs 107 crore lying in 20.16 lakh accounts, followed by Tamil Nadu (Rs 105.87 crore in 62.72 lakh accounts) and Uttar Pradesh (Rs 68.61 crore in 21.74 lakh accounts).

Encourage formal saving instruments more than gold: Assocham

Last Updated: Thursday, March 01, 2012, 19:13

The government must encourage investors to utilise other financial options to help boost the economy instead of relying on gold imports as they are unsustainable and intensify current account deficit, industry body Assocham Thursday said.

Post office savings scheme interest rates not floating: Fin Min

Last Updated: Wednesday, January 04, 2012, 14:01

The government on Wednesday said interest rates on post office savings schemes, except the PPF, will remain fixed throughout the term of the scheme.

8.7% interest on new post office savings scheme

Last Updated: Tuesday, November 29, 2011, 20:43

The government will introduce a new post office savings scheme of 10-year maturity effective from Dec 1 that will earn annual compound interest rate of 8.7 percent.

PO savings accounts taxable from current fiscal

Last Updated: Thursday, June 16, 2011, 19:31

The government has decided to levy tax on the interest obtained on Post Office savings schemes from the current financial year.