The Directorate of National Savings has announced a downward revision in profit rates across multiple National Savings Schemes (NSS), with reductions of up to 100 basis points, effective from May 21, 2025. The biggest reduction was made to the Savings Account (SA) return, which was decreased by 1 percent. It went down from 10.5 percent … Read more
In May 2024, the federal government adjusted profit rates across various national savings schemes. Bahbood Savings Certificates (BSC), Pensioner Benefit Account (PBA), and Shuhada Family Welfare Account (SFWA) experienced a 25 percent decrease, while Defence Savings Certificates (DSC), Sarwa Islamic Savings Account (SISA), and Saving Account Rate (SAR) remained unchanged. Regular Income Certificates (RIC) dropped … Read more
The Central Directorate of National Savings (CDNS) has lowered the interest rates on several National Savings Schemes starting from February 21, 2024. This marks the third consecutive reduction in the past two months. The decision is in line with the decreasing inflation and interest rates across the country. According to the CDNS notification, several schemes … Read more
The Federal Board of Revenue (FBR) has announced a 15% holding tax on the profits of National Savings Schemes (NSS). According to the report, this tax rate will be effective from July 1, 2021. A statement issued in this regard said that 15% would be applicable to those who are included in the list of … Read more
Good news for Pakistanis suffering from economic problems due to global coronavirus outbreak, increase in rate of return on national savings schemes. According to a statement issued by the National Savings, the government has increased the rate of return on national savings schemes and increased the rate of return on welfare savings certificates from 9.84 … Read more
