The net collections under small savings schemes are expected to surpass the budgeted Rs 3.59 lakh crore target for financial year 2026-27 by a comfortable margin, with inflows during the first four months of the fiscal already 56% higher than in the corresponding period last year. Officials expect FY27 collections to come in significantly above the original target, particularly because a substantial share of small savings typically comes in during the March quarter. The net collections under small savings schemes are expected to surpass the budgeted Rs 3.59 lakh crore target for financial year 2026-27 by a comfortable margin, with inflows during the first four months of the fiscal already 56% higher than in the corresponding period last year. Officials expect FY27 collections to come in significantly above the original target, particularly because a substantial share of small savings typically comes in during the March quarter.
Trending
- Indian among 5 crew members killed by pirates aboard hijacked oil tanker now under Somali forces’ control
- New details emerge in Cornell University gang-rape case as investigation reopens
- RBI rate hikes ahead? BofA sees 100 bps repo rate increase through H1 2027
- Farmer left $10.9m for cancer centre; Mayo could get it if hospital lost independence
- Pilot tried to crash plane, hijack code triggered: What happened on Tel Aviv flight
- Patna doctor charges just Rs 10 for consultation, fee unchanged for decades
- In 2018, Musk gave $480,350 for Flint school filters; students drink from fountains
- Blast inside Mangaluru refinery: Loud explosion sound, dense smoke reported
