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Post Office Savings Accounts: These accounts can be beneficial if one opts for New Tax Regime; check detailsPost Office Savings Accounts (POSA) have emerged as a favourable option for individuals opting for the new tax regime, offering specific tax benefits not available with regular bank savings accounts.
A government committee has suggested raising interest rates on Post Office savings bank deposits to 4%, a suggestion that could benefit lakhs of small depositors. Advisory Alert: It has come to ...
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Newspoint on MSNPost Office Special Scheme: Open an Account with ₹500 and Withdraw as Low as ₹50 — Full Details InsideIf you are looking for a safe, low-risk place to save money with guaranteed returns, Post Office Savings Schemes are a great ...
One such income is the interest on post office savings accounts. Under the new regime, taxpayers can claim a tax exemption of up to ₹3,500 on a single account and up to ₹7,000 on a joint ...
Here we compare between the FDs offered by banks and the Post Office Savings Scheme to decide which among them is the better option for investors looking from different angles. Bank FDs and Post ...
Earning a perfect 5.0 stars, Bank5 Connect pays competitive APYs on its Jumbo Savings account and high-interest checking account, which comes with a cash-back rewards debit card. Plus, the bank ...
When considering tax-saving investments, post office savings schemes stand out as secure ... prefer fixed returns but want an alternative to bank FDs with tax benefits. It is an excellent choice ...
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