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Post office deposits: In today's financial landscape, individuals often seek avenues to maximise savings while optimising tax benefits. While several investment instruments offer tax-saving ...
Post Office Savings Account Key Features: This account requires a minimum balance of ₹500 and provides an interest rate of 4%. Interest is calculated on the lowest balance between the 10th and ...
A Post Office (PO) Savings Account is one of the most well-known and accessible savings accounts in the country. Also, under Section 80TTA of the Income Tax Act, a PO account is eligible for tax ...
Post Office Savings Accounts (POSA) provide tax exemptions under the new tax regime, with unique advantages over conventional bank savings accounts, especially for senior citizens.
The savings account provided by the Post Office Savings Bank is one of the government-backed schemes, and offers 4.0% interest rates on both individual and joint accounts.
Latest Post Office Small Savings Schemes Rates: The government has announced that interest rates for small savings schemes will remain unchanged for the first quarter of FY 2025-26.
The Post Office will launch a savings account that tracks inflation next week. The Inflation Linked Bond will ensure some savers better the rise in the cost of living over the next five years as it ...