Automatic

New Income Tax Statement preparation multy Utility software now available

Treasury Fixed Deposits- Rate of Interest - Revised w.e.f 01-05-2015

As per the recommendations of 8th Subject committee Government  revised the rate of interest on term deposits in the Treasury with effect from 1.5.2015. New Treasury Fixed Deposits are as given below.

View or Download the Government order from the below link


Sl No Item Existing Rate (%) p.a. Revised Rate (%) p.a.
General Senior Citizens General Senior Citizens
1 180 Days and above but below 1 Year 7.50 7.50 7.30 8.00
2 1 Year and above but below 2 Years 9.00 9.25 9.00 9.30
3 2 Years and above but below 3 Years 9.00 9.25 9.00 9.30
4 3 Years and above 8.75 9.25 9.00 9.50

No comments: