Budget 2014 : SOPS FOR SAVERS

Two big schemes for small savers – Investment limits for public provident fund raised to Rs 1.5 lakh per year. Special natinoal savings certificates and savings instruments for parents to invest in name of girl child also announced. Does this mean the 80C limits will also go up? One-rank-one-pension scheme for retired soldiers also being implemented with allocation of Rs 1,000 crore this year.It’s like a senior citizen’s scheme in effect.

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