The Department of Posts provides postal services to the public through a large nation wide network of Post Offices. Besides providing purely Postal Services, Post Offices perform agency functions like Saving Bank, Payment of Pension, Sale of Cash Certificates etc. on behalf of other Ministries/Departments...

Today Finance ministry has agreed to increase the interest rates from 3.5% to 4% for Indian Postoffice savings account. There are multiple other suggestions the planning committee have suggested. Increase PPF deposit from Rs 70000.00 to Rs 100000.00 Withdraw Kisan Vikas Patra (KVP) Taxing returns on...