WebApr 24, 2024 · Relevant sub-section of section 10(15): Particulars of available exemption: Additional Conditions (if any) (i) Interest income or premium on redemption or other payments on notified securities; bonds; annuity certificates; savings and other certificates. (iib) Interest income on notified Capital Investment Bonds issued before 1 st June 2002. … Web(1) This Act may be called the Government Savings Certificates Act, 1959. (2) It shall come into force on such [date] as the Central Government may, by notification in the Official …
Deductions allowable to tax payer
WebJul 4, 2024 · In a notification, the Central Directorate of National Savings (CDNS) announced the government revised the rates of withholding tax on NSS with effect from July 1, 2024 under the Finance Act 2024/22. WebNov 9, 2024 · The interest rates on the National Savings Certificate scheme has been brought down 110 bps. The rate of interest has been reduced … cool 70\u0027s background
Interest Rates - Ministry of Finance Government of India
WebThe Central Government may issue the energy savings certificate to the designated consumer whose energy consumption is less than the prescribed norms and standards in accordance with the procedure as may be prescribed; ... 2012 energy saving targets for 478 designated consumers belonging to 8 sectors were notified and on 4th June, 2012 the … http://www.bareactslive.com/ACA/act1350.htm The National Savings Certificate (NSC) is a fixed income investment scheme that you can open with any post office branch. The scheme is a Government of India initiative. It is a savings bond that encourages subscribers – mainly … See more Investments of up to Rs 1.5 lakh in the National Savings Certificate can earn the subscriber a tax rebate under Section 80C. Furthermore, the interest earned on the certificates is also added back to the initial investment and … See more Anyone looking for a safe investment avenue to earn a steady interest while saving on taxes can choose to invest in NSC. NSC offers guaranteed interest and complete capital … See more If you have a bank or post office savings account, you can invest in the NSC electronically (e-mode). Moreover, you will require an internet banking facility for your savings bank account … See more cool 5 dollar items on amazon