The proposed Government Savings Promotion Act will provide a mechanism for grievance redressal without diluting existing tax incentives, says the government
2 min read14 Feb 2018The government savings bond opened for subscription on 21 April 2003 and had a fixed tenure of six years, with no upper limit for investment
1 min read2 Jan 2018Scores of schemes like MGNREGA have been linked to DBT, under which the receivables are transferred directly to the beneficiary's bank accounts
1 min read15 Sep 2017In an environment in when even government-backed financial products don't give high enough returns, Bhadresh and Sapna wanted stability in their plans
4 min read8 Aug 2017The cut will mark start of a quarterly review of small savings interest rates, making rate-setting more dynamic
2 min read12 Feb 2016The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared