It was widely expected that the rates would remain unchanged due the elections
ELSS not only serves as an effective tax-saving tool but also offers the potential for higher returns compared to traditional tax-saving instruments
The interest rates of these schemes are set by the government at the start of every quarter of the financial year.
Despite varied investment avenues being available, these savings schemes are still very popular with the general public.
Gross collection from Bengal in pandemic-crippled FY21 stood at Rs 1,20,496 crore, which is almost 16% up from Rs 1,03,972 crore in FY20
In the near future, an increase in small savings plans will be encouraged by widening interest rate gaps between bank deposits and savings plans
Here are all details about one of the safest savings instruments of the country
West Bengal accounts for the highest collection of about Rs 90,000 crore from small savings schemes such as NSC and PPF among the states and union ter
Conservative investors looking for peace of mind and tax saving along with good returns will find NSC an attractive investment option