In the recent times there are lot of changes in the interest rates of debt instruments. It includes the interest rates changes on public provident fund(ppf), post office savings, employee provident(epf), etc.This is the main investment options for the people who are ready to take less risk. 2011 has been very bad year for the [...]
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Govt. hikes PPF interest rates to 8.6%
November 19, 2011
Earlier Shyamala Gopinath Committee has proposed the set of changes on small savings interest rates to the govt. The reason for the proposal is to compete with other investment areas like bank deposits and fixed income categories. In the last week, govt. has announced changes on the small savings schemes for the customers, the interest [...]
Tax Deduction on Post Office Savings Account
July 1, 2011
In this article I will be explaining about the new notification sent by the Central Board of Direct Taxes (CBDT) regarding the tax deduction for the Post Office Savings account. Currently there is no tax deducted for the interest income from the post office savings account. This is introduced to remove the cap on the [...]
Post office Monthly Income Scheme (POMIS)
November 5, 2009
In this article I will be writing about the Post office Monthly Income Scheme(POMIS). Our readers posting questions about the POMIS and comparing it with the other fixed deposit options. I come up with this article to provide you some in depth details to differentiate POMIS with other investment options. Here I am going to provide [...]
Post Office Savings
January 18, 2009
In turbulent times like these, safety of the investment is of utmost priority among people. For ages we have been hearing/seeing/using the post office for sending letters, documents etc. What the current generation does not know about the post office is the fact that, it has been an investment heaven for our fathers and their [...]







February 10, 2012
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