As we in low inflation – lower interest rate scenario,Govt have cut interest rates on small saving schemes. As it was essential to align interest rates closer to market rates, there will be revision in interest rates of PPF,KVP,NSC,Term deposits,Sukanya Samriddhi Account- SSA. Here is comparison of older and new interest rates. Instrument…
Tax Free Bonds 2015-2016 With Allotment & Interest Payment Dates:
Different PSUs -NTPC,PFC,REC,IRFC,NHAI,IREDA,HUDCO have issue tax free bonds and raised around Rs.40,000 crores through tax free bonds issued to public & through private placements. Here we have summarized tax free bonds issued in financial year 2015-2016 along with allotment and interest payment dates. Issue Name Allotment Date Interest Payment Date 7.62% NTPC…
Sovereign Gold Bonds March 2016 Series-3 Issue Price,Interest Rates & Other Details:
India is one of the major Gold importer country.Country need to spend more dollars for Gold imports which creates higher deficit. To discourage investors buying gold in physical form,Govt has come with series of Gold bonds which are being issued with time interval. Benefits of Gold Bonds: Unlike physical gold, investor will get interest on…