Should you retain your small savings schemes?6 min read 28 Nov 2011, 09:32 PM IST
Should you retain your small savings schemes?
From 1 December, your investments in small savings schemes will fetch market-linked returns. The rate of interest on various small savings schemes will be pegged to government securities’ (G-sec) yield of similar maturities with a spread or mark-up of 25 basis points (bps). Even though the government has always been at liberty to change the rate of various small savings schemes from time to time, the alterations have been few and far between. But from this year, the rates will become more dynamic.
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