As per news, it seems the rates of PPF and NSC are set to be reduced.
Refer below links
http://economictimes.indiatimes.com/wealth/news/ppf-nsc-rates-to-be-cut-bank-fds-may-fetch-lower-interest/articleshow/50572440.cms
The 10 year NSC was also planned to be discontinued.
Does this force people to go to equity?
I know many people who use PPF for tax saving as well as part of their debt portfolio (me included).
This will affect the overall corpus that people are expecting on maturity.
Refer below links
http://economictimes.indiatimes.com/wealth/news/ppf-nsc-rates-to-be-cut-bank-fds-may-fetch-lower-interest/articleshow/50572440.cms
The 10 year NSC was also planned to be discontinued.
Does this force people to go to equity?
I know many people who use PPF for tax saving as well as part of their debt portfolio (me included).
This will affect the overall corpus that people are expecting on maturity.
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