Tax Management India. Com
Law and Practice  :  Digital eBook
Research is most exciting & rewarding
  TMI - Tax Management India. Com
Follow us:
  Facebook   Twitter   Linkedin   Telegram

TMI Blog

Home

Revision of Interest Rates for Small Savings Schemes for the Financial Year 2014-15 Announced

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Revision of Interest Rates for Small Savings Schemes for the Financial Year 2014-15 Announced - News and Press Release Dated:- 4-3-2014 - News - Various decisions taken by the Government of India on the recommendations of the Shyamala Gopinath Committee for Comprehensive Review of National Small Savings Fund (NSSF), were communicated to all concerned by the Government through its Office Memorand .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... um dated 11 th November, 2011. One of the decisions of the Government based on the recommendations of the Committee relates to revision of interest rates every financial year, to be notified before 1 st April of that year. Accordingly with the approval of the Finance Minister, the rates of interest on various small savings schemes for the Financial Year 2014-15 effective from 01.04.2014, on .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... the basis of the interest compounding/payment built-in in the schemes, shall be as under : Scheme Rate of interest w.e.f.01.04.2013 Rate of Interest w.e.f. 1.04.2014 1. 2. 3. Savings Deposit 4.0 4.0 .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 1 Year Time Deposit 8.2 8.4 2 Year Time Deposit 8.2 8.4 3 Year Time Deposit 8.3 8.4 5 Year Time Deposit 8.4 8.5 5 Year Recurring .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... Deposit 8.3 8.4 5 Year SCSS 9.2 9.2 5 Year MIS 8.4 8.4 5 Year NSC 8.5 8.5 10 Year NSC 8.8 8.8 PPF .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

..... 8.7 8.7 The necessary notifications will be notified separately in this regard in due course. - News - Press release - PIB Tax Management India - taxmanagementindia - taxmanagement - taxmanagementindia.com - TMI - TaxTMI - TMITax .....

X X   X X   Extracts   X X   X X

→ Full Text of the Document

X X   X X   Extracts   X X   X X

 

 

 

 

Quick Updates:Latest Updates