Small Saving Schemes

• What if I fail to collect my monthly due in a particular month ?
• I opened an MIS account two years back; now I am in urgent need of money. Can I close the account prematurely and withdraw my money?
• I did not opt for availing of the nomination facility at the time of opening my MIS account; can I appoint a nominee now or at a later point of time?
• Can my Kisan Vikas Patras be encashed only at the post office of issue?
• Can the Teacher's Provident Fund be invested in Kisan Vikas Patras?
• Are co-operative banks/co-operative societies eligible to invest in Kisan Vikas Patra (KVP)?
• Are companies, trusts and local associations allowed to invest in post office time deposits?
• What is the frequency of compounding for post office time deposits?
• I maintain a savings and a time deposit account in the same post office; is there a provision for getting the annual interest credited automatically to my savings account?
• How is the interest accrued on subscription to NSCs treated, when the subscription is made in the name of a person other than the assessee claiming the rebate?
• Is the benefit of tax deduction under Section 88 of the Income Tax Act available to a spouse when he / she contributes to the Public Provident Fund account maintained by the other?
• If one wishes to continue a PPF account after the completion of a 15-year tenure, is it better to go for extensions in blocks of 5 years, or should one start a fresh account after closing the previous
• For how many years can a Public Provident Fund account be extended after the initial 15 years of operating it?
• What is the procedure for transfer of a PPF account from one branch of a bank to another branch, or from one post office to another post office?
• What is the procedure for transfer of a PPF account from a bank to a post office?