Small Savings Schemes Rates Unchanged
The government’s move to demonetise Rs1,000 and Rs500 currency notes has led to a lowering of bank fixed deposits (FD) rates. Low bank FD rates, coupled with taxes, can be disastrous for those depending mainly on income from their savings. 
 
Another option is investing in small savings schemes (SSSs) that offer better rates than bank FDs. The good news is that government has kept...
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