KARACHI: The government has notified the rules for the National Saving Bonds, which could also be traded in the stock exchange and could be pledged as securities in Pakistan. Like Unlike
Historical rates aplicable on saving schemes are as follows Like Unlike
Rate cut would apply to new investors only. Existing investors would not be affected by the reduction. By Mehtab Haider ISLAMABAD: The government plans to generate Rs240 billion through the National Savings Schemes (NSS) in the new fiscal year 2009-10 and automate 44 of the busiest centres of Central Directorate of National Savings (CDNS) by [...]
Jul 012009
The federal government has reduced the rates of profit on ‘National Savings Schemes’ effective on investment received on or after July 1st, 2009. As per the press release, issued by the Central Directorate of National Savings, the rates of profit on Special Savings Certificates (Registered)/Accounts, Regular Income Certificates, Bahbood Savings Certificates/ Pensioner’s Benefit Accounts and [...]
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 [...]
ISLAMABAD: The Central Directorate of National Savings (CDNS) has crossed the Rs130 billion mark by luring investments in savings schemes till March 20 against a total target of Rs150 billion for financial year 2008-09. Official sources confirmed to The News on Saturday that the finance ministry had set a target of Rs150 billion in investments [...]
By Mushfiq Ahmad KARACHI: Investment in national savings schemes (NSS) saw a big jump during January thanks to increase in interest rates on different products effected by the government in December. According to official figures, the government managed to raise Rs 25.96 billion in January, which is the highest amount raised in a month during [...]
Investment from Abroad Investors from abroad may send applications along with remittance of the desired amounts either directly 1 person likes this post. Unlike
Dec 022008
DG CDNS says if old investors want to benefit from new rates, they need to deposit service charges BY Khalid MustafaISLAMABAD: The government has increased the rates of profits on National Savings Schemes (NSS) effective from December 1, 2008. Like Unlike
Oct 292008
By Mehtab Haider ISLAMABAD: National Savings Schemes (NSS) generated Rs90 billion during last financial year 2007-08 against a target of Rs80 billion, data compiled by the Central Directorate of National Savings (CDNS) revealed on Tuesday. The government has set a target of Rs150 billion for CDNS in current financial year 2008-09 but the finance ministry [...]
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