NSC, PPF: Latest Interest Rate, Income Tax Benefits And Other Features

NSC, PPF: Latest Interest Rate, Income Tax Benefits And Other Features

PPF (Public Provident Fund) and NSC (National Savings Certificate) are popular small savings schemes. The government has revised lower interest rates for small savings schemes, including NSC, KVP and PPF, for the quarter starting January 1, 2017. The interest rate...
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Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details

Latest Interest Rate On PPF, Income Tax Benefits, Withdrawal, Loan Facilities And Other Details

The rate of interest on PPF is compounded annually (Representational image) HIGHLIGHTS PPF, other small savings schemes interest rates are set every quarter Deposits in PPF account are eligible for tax deductions under Section 80C Up to Rs. 1.5 lakh...
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Consider service charge by hotels as income: Paswan to CBDT

Consider service charge by hotels as income: Paswan to CBDT

With some hotels and restaurants still levying service charge, the consumer affairs ministry has asked the Central Board of Direct Taxes (CBDT) to consider service charge as income while assessing the tax returns. At present, some hotels and restaurants are...
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Addl Rs 6,399 bn investment needed to double farmers’ income: Govt report

Addl Rs 6,399 bn investment needed to double farmers’ income: Govt report

  An additional investment of Rs 6,399 billion is required from both public and private sectors to enable doubling of farmers’ real income by 2022–23, a government committee said in its latest report. At present, public investment is below national...
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SBI Cards Sees Business Opportunity In Low Income Category

SBI Cards Sees Business Opportunity In Low Income Category

New Delhi: To tap opportunities arising out of limited cash supply following demonetisation, SBI Cards will soon launch credit cards aimed at the lower income group who have the capacity to pay but don’t have cards, besides quickening card delivery...
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iPhone 6 Infringes on Patent, Says Beijing, Orders Halt of income in metropolis

iPhone 6 Infringes on Patent, Says Beijing, Orders Halt of income in metropolis

Apple violated the design patents of a chinese language tool maker and might have to halt sales of its modern-day iPhones in Beijing, the city’s intellectual assets authority dominated, handing america corporation its today’s setback in a pivotal m...
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