Tag: Interest

Centre raises interest rate on small savings by up to 0.4 per cent

However, interest on savings deposits has been retained at 4 percent, annually.

September 20, 2018

‘Interest, Tax Rates To Go Down Post Demonetisation’

The rates of interest and tax will soon come down mainly due to the demonetisation drive of the government, Minister of State for Finance Arjun Ram Meghwal said on Saturday. “Interest rates and tax rates will soon decrease (after the demonetisation step)”, Meghwal said. The minister was speaking at a conference of Laghu Udhyog Bharti, …

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December 3, 2016