National Savings Profit Increase its profits rates and the notification is issued by the Government Of Pakistan.
Details Of Profit Increase:
Government increased profit rate on Bahbood Savings Certificates (BSC) , Pensioners Benefit Account (PBA) by 1.44% to 14.16%. Profit on 100000 investment in Bahbood Savings Certificate will be 1180 per month.
Regular Income Certificate (RIC):
Regular Income Certificates’ (RIC) profit rate has increased by 0.96% to 12%. If the customer is filer than the tax deducted on the profit will be 15% and if the customer is Non-Filer than the tax deduction will be 30%. So the profit will be as under
For filer 850 per month on 100000 investment
For Non-Filer 700 per month on 100000 investment
Savings Account (SA):
Profit increased on savings account is by 2.50% and the total is 10.75%.If the customer is filer than the tax deducted on the profit will be 15% and if the customer is Non-Filer than the tax deduction will be 30%. So the profit will be as under
For filer 761 per month on 100000 investment
For Non-Filer 627 per month on 100000 investment
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