Interest rates on popular small savings schemes have been cut drastically for the April-June 2020 quarter. Investors utilising these avenues predominantly should be prepared to earn a lot less than what they are used to. Investors in PPF and Sukanya Samriddhi Yojana will see the impact immediately with the lower rates also applicable on accumulated balance in their account.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
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