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Post Office News
Important alert! TDS on cash withdrawals from post office schemes - What you should know
Tue, Mar 30, 2021
The Department of Posts has issued new rules for deduction of TDS if the aggregate withdrawal from all post office schemes is more than Rs 20 lakh. The provision includes withdrawals from PPF also.
Post Office Schemes: Good news for savings account holders! Withdrawal limit hiked from Rs 5,000 to Rs 20,000 at these branches
Fri, Mar 05, 2021
Post Office Schemes: In a bid to provide relief to the rural Post Office Savings Account holders, India Post has announced it will raise the withdrawal limit at Post Office GDS (Gramin Dak Seva) Branches.
Postal Life Insurance – Post Office ‘Suvidha’ policy for Govt employees! See features of this endowment scheme here!
Mon, Feb 01, 2021
Do you know about the Postal Life Insurance (PLI) schemes being offered by India Post?
Postal Life Insurance – Post Office ‘Suraksha’ policy for Government Employees! Know features, benefits here!
Sun, Jan 31, 2021
Whole Life Assurance (Suraksha) - This is a scheme where the assured amount with accrued bonus is payable to the insured either on attaining the age of 80 years, or to his/her legal representatives or assignees on death of the insured, whichever occurs earlier, provided the policy is in force on the date of claim
Post Office Scheme: You can deposit money online in your Public Provident Fund (PPF) account — here is how
Mon, Jan 18, 2021
PPF Account: Post Office Schemes offer nine types of small saving schemes and Public Provident Fund (PPF) is one of them. Most of these Post Office Schemes provide income tax exemption under EEE (investment, interest earned and maturity amount) category. This income tax exemption is available under Section 80C of the Income Tax Act (ITA)
Post Office Savings Schemes: Top 5 saving instruments offered by India Post, you must know
Thu, Jan 07, 2021
These schemes could be opened by visiting your nearest post office or bank with as less as Rs 1,000. Recently, it has made minimum deposit of Rs 500 mandatory in Post office savings account. Currently, it offers 9 saving schemes. We will find out some of the important saving schemes offered by the India Post here.
Have bank FD beyond Rs 5 lakh? BEWARE! You may lose your money; here is how to stop it
Thu, Jan 07, 2021
If we go by the experts' advice, an investor investing in Bank FD may lose money in case the bank becomes a defaulter.
SBI Vs HDFC Bank Vs ICICI Bank Vs Post Office FD: How to earn more money | EXPLAINED
Wed, Jan 06, 2021
SBI Vs HDFC Bank Vs ICICI Bank Vs Post Office FD: Here is how investors can earn more money.
Want to double money with guarantee of assured return from government, this scheme is your answer| All you need to know
Tue, Dec 08, 2020
If you are also one of those planning to invest money in safe instrument, you should check out this scheme that comes with government’s assurance of doubling your money.
Money making alert! This post office scheme gives you Rs 16 lakhs by investing Rs 10,000 a month| Here is how - Calculation explained!
Sun, Nov 29, 2020
There is a post office scheme which assures long-term wealth generation without any risk and is not only safe but gives you long-term wealth appreciation by investing as little as just Rs 100 per month
In this Post Office Scheme, your Rs 100 investment can grow into lakhs; Money tip - to get Rs 20 lakh, invest this amount
Thu, Oct 01, 2020
The government has kept small savings interest rate unchanged for October to December 2020 quarter. That means Post Office Schemes will continue to fetch 6.8 per cent per annum for investors.
Post Office Savings Scheme: Here is how to make claims of deceased account holder
Thu, Sep 10, 2020
Post Office Savings Scheme: The claims with respect to deceased account or certificate holder of Post Office Small Savings Scheme (SSC) can be settled easily by following these simple steps. The official website prescribes certain ways which need to be followed in order to settle claims in the event of an unfortunate death of the account holder. Know here how to do it!
Post Office Saving Scheme: Know features, interest rates of this time deposit scheme
Tue, Sep 08, 2020
If you are looking for investments in Small Saving Scheme (SSC), then you must know about this Post Office Scheme which is a popular investment option and can be opened in any nearby post office easily. This scheme is called Post Office Time Deposit Account (TD) and it can be opened with minimum Rs 1000
Post Office Monthly Income Scheme: Want a regular income? This is one of the best options
Thu, Sep 03, 2020
If you are looking for a monthly income then this would be of interest to you. This small savings scheme called the Post Office Monthly Income Scheme or MIS gives you a viable investment alternative. It is easy to open an account and the interest rate offered in this scheme is much better than parking all your money in savings account. Know about this scheme here!
Post Office Savings Schemes: Big money makers! Best financial returns, income tax benefits with full security - Here is how
Tue, Aug 04, 2020
Undoubtedly, Post Office Savings Schemes are considered as probably one of the best savings instruments due to the safety, security and financial stability benefits they provide.
Post Office MIS Scheme Calculator: Hike your income by Rs 5,000pm; use this small savings trick
Sat, Aug 01, 2020
Post Office MIS Scheme Calculator: An earning individual (either salaried or businessman) always wants a fixed regular income other than the regular avenue for revenue. Post Office Monthly Income Scheme (MIS) is one such option.
PPF, NSC, Kisan Vikas Patra to SCSS — Postal dept extends all small savings schemes up to branch post office level
Sat, Jul 25, 2020
The Department of Posts has extended all small savings schemes up to the branch post office level, with a view to strengthen its network and operations in rural areas.
Post Office Saving Scheme: Rate of interest, minimum balance, eligibility; all you need to know
Tue, Jul 14, 2020
Post Office Saving Scheme: The coronavirus crisis has once again underlined the importance of saving and investing at the right time. With people getting salary cuts, their investments have come handy in meeting immediate money requirements.
TDS on cash withdrawal alert! New functionality from Income Tax Department for banks and post offices
Mon, Jul 13, 2020
In a major development, the Central Board of Direct Taxes, Government of India has provided a utility to ascertain TDS Applicability Rates on Cash Withdrawals.
SBI FD vs Post Office Time Deposit: Here is how you can double your money in just this period
Wed, Jun 17, 2020
SBI FD vs Post Office Time Deposit: Tax-saving fixed deposits (FDs) are those that have a tenure of more than 5 years.