Sehar Timings Mar 28 - Ramazan 17

Lahore
LHR
04:36 AM
Karachi
KHI
05:12 AM
Islamabad
ISB
04:38 AM
Peshawar
PWR
04:42 AM
Quetta
QTA
05:07 AM

News

Govt reduces profit rates on National Savings schemes

June 2, 2020 04:54 PM


The Finance Ministry on Tuesday announced that it has reduced rate of return on Special Savings Certificates of National Savings Center Schemes has been reduced from 8.10 percent to 7.1 percent, 24NewsHd Tv Channel reported.

The Ministry of Finance has reduced the rate of return on pensions and welfare accounts by 48 basis points from 10.32 percent to 9.84 percent.

The Ministry of Finance has reduced the rate of return on Special Savings Certificates by 90 basis points.

Finance ministry has reduced the rate of return on regular income savings certificates from 8.28 percent to 7.44 percent. While the ministry also reduced rate of return on Defense Savings Certificates by 49 basis points and now it has come to 8.05 percent from 8.54 percent.

Ministry of Finance has reduced the rate of return on Savings Accounts by 50 Basis Points from 7 percent to 6.50 percent.

 

https://www.youtube.com/watch?v=3XpMCGt6uvA


Most Read

  1. Aitchison College principal resigns over differences with Punjab governor Aitchison College principal resigns over differences with Punjab governor
  2. Aitchison College students, parents stage protest against principal’s resignation Aitchison College students, parents stage protest against principal’s resignation
  3. Tribal firefight in Gotki, Motorways section shut down Tribal firefight in Gotki, Motorways section shut down
  4. Five Chinese among six killed in Shangla suicide bombing Five Chinese among six killed in Shangla suicide bombing
  5. Transferred: Lawman bears the brunt of flagging down lawmaker Transferred: Lawman bears the brunt of flagging down lawmaker
  6. Maaz Safder regrets 4-year relationship with wife Saba Maaz Safder regrets 4-year relationship with wife Saba

Opinion

  1. IMEC to sabotage CPEC
    IMEC to sabotage CPEC

    By Dr Asif Channer

  2. 1947 TO FORM 47
    1947 TO FORM 47

    By Dr Asif Channer

  3. Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....
    Beijing wants to further highlight industrial sector in its country and take scientific innovation to new heights....

    By Ali Ramay

  4. Global race: China will reduce its unnecessary expenses
    Global race: China will reduce its unnecessary expenses

    By Ali Ramay

  5. Channer Pir: The Great Saint of Cholistan
    Channer Pir: The Great Saint of Cholistan

    By Dr Asif Channer

  6. Literate the Religious Illiterate
    Literate the Religious Illiterate

    By Dr Asif Channer