Connect with us

Hi, what are you looking for?


Govt increases the National Savings Profit Rates

govt increases the national savings profit rates

The government has raised the National Savings Schemes (NSS)’s incentive rate.

The rate of profit on Bahbood Savings Certificates (BSC) has been increased by 1.44% to 14.16%, and the profit rate on Special Savings Certificates (SSC) has been increased by 1.40% to 12.40%. Similarly, the Regular Income Certificates’ (RIC) profit rate has increased by 0.96% to 12%, and the Savings Account (SA) has gone up by 2.50% to 10.75%.

The annual profit on Short-Term Savings Certificates (STSC) increased from 10.40 to 13.75%, and the rate of return on Defense Savings Certificates (DSC) has been significantly increased on an annual basis, with a profit rate of 8% in the first year and a rate of 222% in the tenth year.

And, Shuhada’s Family Welfare Account (SFWA) holders will get a 14.16% profit instead of 12.72%. The benefit for Pensioners’ Benefit Account (PBA) holders has increased from 12.72% to 14.6%.

The withholding tax rate for the filer on the profits earned is 15% and 30% for the non-file.'
Written By

Click to comment

Leave a Reply

Your email address will not be published.

You May Also Like


We are going to share Wafaq ul Madaris Annual Exams Result 2022, which will be available here on our site. The Waqaf ul Madaris...


ehsaas tracking pass gov pk has launched a Tracking Feature at Ehsaas 8171 Web Portal, an online portal for Ehsaas Beneficiaries to check eligibility status and CNIC number...


In this article I will share to Buy PUBG UC in Pakistan through MidasBuy Easypaisa & JazzCash account. Please follow the instructions and get...


IESCO stands for Islamabad Electric Supply Company.IESCO is a subsidiary company of WAPDA. It had been created on April 25, 1998, when WAPDA’s electricity...