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The post office offers a number of savings plans, including recurring deposit accounts, Sukanya Samriddhi Account (SSA) is also known as Sukanya Samriddhi Yojana [54] (SSY), National Savings Certificates (NSC), Kisan Vikas Patra (KVP), the Public Provident Fund, [55] savings-bank accounts, [55] monthly-income plans, [55] senior-citizens ...
The Public Provident Fund (PPF) is a voluntary savings-tax-reduction social security instrument in India, [1] introduced by the National Savings Institute of the Ministry of Finance in 1968. The scheme's main objective is to mobilize small savings for social security during uncertain times by offering an investment with reasonable returns ...
Other similar government savings schemes in India include: Public Provident Fund (PPF), Post Office Fixed Deposit, Post Office Recurring Deposit, etc. [3] The certificates were heavily promoted by the Indian government in the 1950s after India's independence, to collect funds for nation-building
National Pension System, like PPF and EPF, is an EEE (Exempt-Exempt-Exempt) instrument in India where the entire corpus escapes tax at maturity and the entire pension withdrawal amount is tax-free. [3]
(1) The Account may be transferred anywhere in India and from or to post offices and from or to Banks and between post office and Bank, free of cost on furnishing of proof of shifting of residence of either the guardian or the Account holder and otherwise, on payment of a fees of one hundred rupees to the post office or the Bank to which the ...
In a statement posted to their website on Sept. 29, 2023, during threats of a government shutdown, USPS said their "operations will not be interrupted in the event of a government shutdown, and ...
Banking facilities provided by the ulagampatti post office are savings plans, including recurring deposit accounts, Sukanya Samriddhi Account (SSA) is also known as Sukanya Samriddhi Yojana [6] (SSY), National Savings Certificates (NSC), Kisan Vikas Patra (KVP), the Public Provident Fund, [7] savings-bank accounts, [7] monthly-income plans, [7 ...
Watch as Paula Vennells' closing statement was heard in the Post Office Horizon IT inquiry on Tuesday, 17 December. More than 900 subpostmasters were prosecuted between 1999 and 2015 after faulty ...