As for the investment amount principal itself — you do not get any tax deduction under section 80C. It can be safely said that the Post Office has indeed played a pivotal role in the socio-economic development of the country, and no amount of technology like e-mails and smartphones can ever make post offices obsolete. And instead of letting this corpus sitting idle with no returns, it can be deposited in the various P. Certificate can be transferred from one person to another and from one post office to another. The Indian Post starts Postal Life Insurance in the year as a welfare scheme for the employees of the Post and Telegram Department due to huge demand of the scheme latter on it was opened for employees of other departments and finally in the year it was opened for all people. Many of the recipients lost their lives in the act that gained them the medal. No cash payment will be made.
Indian Post is a bank serving for more than years. It was successful in the early months but afterwards the Government of India set up a committee under supervision of Shyamala Gopinath which gave its recommendation to the Government that KVP could be misused. Neha Bajpai March 29, at 4: In addition to these services post office also provide money transfer services. Sir what is the final cutoff for allotment? The minimum amount that can be invested is Rs During the war the Home Depot handled a staggering 2 billion letters and million parcels.
From Wikipedia, the free encyclopedia. Anand kumar Oct Prior to this the main purpose of the postal system had been to serve the commercial interests of the East India Company, economic and political needs remained a driving force.
Kisan Vikas Patra Yojna (KVPY) 2014
Apart from providing regular postal services the post offices in India are also providing financial services to the public through Post Office Savings Bank. Dekh k share pka jrur krna Shayad ye Indian army k kam aa ske so please share the above link l. The interest rate ranges from 6. Kisan Vikas Patra can be purchased by: Some scheme benefitted the farmers, some helped the poor and some helped kiszn working and retired people.
Dibyendu Roy February 24, at 8: This account has been specially tailor-made for the girl child.
And it can also be used as security to avail bank loans! Minimum lock-in period is 2 years and 6 months. Neha Bajpai March 29, at 4: I am extremely perturbed by the social issues concerning India. It is a bearer instrument and easily en-cashable and nomination facility is available too.
The Theory of Everything: Post Office
In Julythe Post Office of India introduced a quarter anna postcards that could be posted from one place to another within British India. The interest is payable monthly, which can also be drawn. Now, the certificates are available for fixed amounts — Rs. Oct 10, So if you are the in higher bracket of the tax slab — you kusan a tax at that higher rate on the interest income too! In a Committee was set up for unification of customs and postal system of all the presidencies.
It is a rural development programme which broadly focuses on the development in the villages for the poor and farmers which includes social development, cultural development and spread motivation among the people on the social mobilization of the village community.
Kisan Vikas Patra – Simple English Wikipedia, the free encyclopedia
Ashutosh Sharma January 8, at 1: The Kisan Vikas Patra scheme was originally launched in April, but was discontinued in Languages Simple English Edit links. The primary pata is to attract investments in irrigation system at field level, development and expand cultivable land in the country, enhance ranch water use in order to minimize wastage of water, enhance crop per drop by implementing water saving technologies and precision irrigation.
Mam can you post every detail about all the savings schemes under post office. Plus there is a lock-in period of 2 years and 6 months — that is during this period en-cashing is not allowed; thus KVP can be redeemed after 30 months esswy then after every 6 months hence.
Write short notes following agricultural schemes initiated by PM Modi’s government;
I in my own capacity am trying to bring about that change for a brighter tomorrow. Government Schemes Saving Schemes.
The amount of KVP can be withdrawn after months 9 years and 10 months.