Tag: PPF
The government on Friday lowered the interest rate on small saving schemes, including Public Provident Fund (PPF), by 0.1 per cent for the period between April 1 and June 30.....
A big cut in small savings schemes will deliver a blow to savers who depend on these schemes for income and social security. ....
The Central government has approved 8.65 per cent interest rate on the Employees' Provident Fund (EPF) deposits for 2016-17, officials said on Friday. ....
The government on Tuesday steeply cut interest rates on various small savings schemes in line with sharp cut in policy rates announced by the Reserve Bank of India on Friday where it reduced repo rate by 75 basis points.....
Former Union Finance Minister P. Chidambaram has slammed the government for reducing the interest rates on small savings and PPF and said it may be "technically correct but it's wrong time" as the country is amid lockdown due to fear of coronavirus and people have no way of income. ....