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Post office small savings schemes: Revised interest rates for April-June quarter

Post office small savings schemes: The Centre has recently hiked the interest rates of small savings schemes by up to 70 bps for the April-June 2023 quarter. The Finance Ministry said that the interest rates of schemes like the Senior Citizen Savings Scheme, Monthly Income Savings Scheme, National Savings Certificate, Kisan Vikas Patra, and Sukanya Samriddhi Account Scheme have been revised. Only the interest rates on PPF and Post Office Savings Account are the same as before. Watch Business Tod...
Monthly Income Account Sukanya Samriddhi Yojana Personal Finance Income Tax Sukanya Samriddhi Scheme Public Provident Fund

Man Extradited To Singapore To Face Charge In Relation To Multi-Million Dollar Leveraged Foreign Exchange Investment Scheme

On 3 April 2023, Michael Philip Atkins (โ€œAtkinsโ€), a 50-year-old American citizen, was charged in court with one count of knowingly being a party to the carrying on of a business for a fraudulent purpose under Section 340(5) of the Companies Act (Cap 50, Rev Ed 2006).
United States Michael Philip Atkins Affairs Department Companies Act Cap Companies Act Laureus Capital

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