Apr 012009
 

LAHORE: The government on Tuesday decided to lower the profit rates on various national saving schemes by 1.5 percent, a private TV channel reported on Tuesday.slashed from 14.53 percent to 13.20 percent. The rates on five-year maturity regular income certificates have been cut to 13.60 percent from the previous 15 percent, while the saving account rate has been decreased by one percent to 9 percent.

The channel said new rates would be effective from today (Wednesday). The revised rate on most of the schemes has been

The summary approved by the Finance Ministry has been forwarded to the National Directorate of Savings for implementation.

Behbood Saving Certificates & Pensioners benefits

Old rate= 16.80%

New rate= 16.10%

Defense Saving Certificates

Old & New=  

Special Saving Certificates & Accounts

Old rate= 14%

New rate= 13.20%

Regular income Certificates

Old= 15%

New= 13.60%

Saving Accounts

None checking

Old= 10%

New=9%

Checking

Old=9.5%

New=8%

 

[lastupdated]

Mohammad AbdulRahim

  8 Responses to “Profit rate on Pakistan national saving schemes cut by 1.5% from 1-Apr-09”

  1. To,
    dear responser!
    i m waseem from oxford(uk).I m intrested to deposit some money national defence saving account for two years.approximatly 10 million rupees.if u pleaz guid me and inform me what the proceder and make calculation how much i can get end of a year.if u reply me with full detail ,i will be realy appriciated and thankfull.

  2. Waseem sahib
    Kindly click the following link for details. You can download comparison chart of profit rates also.
    Please keep in mind that 10% with holding tax will be deducted on profit, in addition zakat is also deducted.
    http://www.opfblog.com/6371/details-about-pakistan-national-saving-certificates/

  3. Dear Sir,

    I required the detail profit of Special Saving Certificats after 6, 12, 18, 24, 30 and 36 Monthswhen I will take the profit.Presently and previosly.
    Thank
    waiting
    Khalid Khokhar

  4. @ Khalid Khokhar
    You can see the rates by clicking below link
    http://www.opfblog.com/8605/pakistan-national-saving-schemes-profit-rates-july-2009/

    Tax & Zakat Status.

    At present, the profit earned is exempt from withholding tax, if the total investment in the scheme by the investor(s) does not exceed Rs.150,000/-. However, withholding tax @ 10% is deductible at source on the profit(s) earned if the total investment exceeds Rs.150,000/- by the investor(s). Zakat is collected at source as per rules

  5. i m very please to see your

  6. sir ma ye malom karna chata ho k aghar ma five lac fix five year karva ta ho to mujay katnay ho kar wapas milay ga plz ans me

  7. if i invest 1 lakh rupee hw much profit gve me for exmple at end of month ma amount will b 101000 or what

  8. I invested 300,000 in Meezan Bank Behbood policy, How to claim rebate on Behbood Certificate in Tax year 2011, According to Meezan Bank representatives investor can claim upto Rs.48300 rebate.

    Please explain how to claim rebate every year.

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