Public Provident Fund

Amendments in Small Savings Act

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Amendments in Small Savings Act Ministry of Finance Government of India makes Amendments in Small Savings Act; Proposes merger of Government Savings Certificates Act, 1959 and Public Provident Fund Act, 1968 with the Government Savings Banks Act, 1873; All existing protections have been retained while consolidating PPF Act under the proposed Government Savings Promotion Act.​ … Read more

Reduction of Interest Rates on Public Provident Fund

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Reduction of Interest Rates on Public Provident Fund Interest Rates on various Small Savings Schemes for the 1st Quarter of 2016-17 notified;. Additional Interest Rate spreads which the Government allows on Small Savings Schemes like PPF, Senior Citizen Savings Scheme, Sukanya Samridhi Scheme and NSC etc. are being continued and included in the rates notified … Read more