Small saving policy: circumventing tax sops

Vivek Moorthy

Document Type

Article

Publication Title

Economic and Political Weekly

Abstract

Inflation benchmarking of small savings and provident fund interest rates, which is a sound policy in and of itself, has the added advantage of lowering the interest paid when there is inflation and tax exemptions cannot be touched.

Publication Date

1-4-2003

Volume

Vol.38

Issue

Iss.18

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