https://www.taxtmi.com/news?id=3693 The Government aligned small savings interest rates with comparable government securities, maintaining a spread with higher specified spreads for the new ten year NSC and the Senior Citizens Savings Scheme; increased Post Office Savings Account interest and removed its balance ceilings; shortened MIS and NSC maturities and introduced a new ten year NSC; raised the Public Provident Fund annual investment ceiling; liberalised premature withdrawal rules for Post Office Time Deposits; and the Reserve Bank deregulated savings bank deposit rates subject to a uniform rate up to a specified threshold and optional differential rates above it. en-us Thu, 30 Aug 2012 17:35:26 +0530 Thu, 30 Aug 2012 17:35:26 +0530 TaxTMI RSS Generator https://www.taxtmi.com/news?id=3693 The Government aligned small savings interest rates with comparable government securities, maintaining a spread with higher specified spreads for the new ten year NSC and the Senior Citizens Savings Scheme; increased Post Office Savings Account interest and removed its balance ceilings; shortened MIS and NSC maturities and introduced a new ten year NSC; raised the Public Provident Fund annual investment ceiling; liberalised premature withdrawal rules for Post Office Time Deposits; and the Reserve Bank deregulated savings bank deposit rates subject to a uniform rate up to a specified threshold and optional differential rates above it. News - Thu, 30 Aug 2012 17:35:26 +0530 https://www.taxtmi.com/news?id=3693