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Rate of Interest on Government Deposit: Rate of interest on these schemes is managed by Government of India and changes Quarterly as notified by GOI time to time.
Instruments
Rate of Interest from 01.04.2020 to 30.06.2020
Compounding frequency*
Tax Concessions: Deposits in the account ( Public Provident Fund, Senior Citizen Saving Scheme, Sukanya Samriddhi Account ) are exempted under section 80-C of Income Tax Act