2 articles tagged “Savings”

Every National Savings scheme sold through India Post pays a government-declared interest rate, which makes NSC, KVP, Sukanya Samriddhi, PPF, RD, MIS and SCSS riba contracts. What to use instead.
PPF is India's favourite tax-free savings scheme, and its return is government-set interest. What scholars say, what to do with an existing account, and alternatives.