Financing a deficit budget through non-marketable securities like the National Savings Certificate has a set of challenges.
Finance Minister AHM Mustafa Kamal has stepped back from his budget decision to increase the source tax on all national savings instruments to 10 percent, considering that the hike would add more burden on the fixed income groups.
To cut or not to cut yield on national savings schemes (NSS)—that's one headache our finance minister is unable to get rid of. Will reducing rates on national savings schemes (NSS) have a strictly positive impact on our economy?
Financing a deficit budget through non-marketable securities like the National Savings Certificate has a set of challenges.
Finance Minister AHM Mustafa Kamal has stepped back from his budget decision to increase the source tax on all national savings instruments to 10 percent, considering that the hike would add more burden on the fixed income groups.
To cut or not to cut yield on national savings schemes (NSS)—that's one headache our finance minister is unable to get rid of. Will reducing rates on national savings schemes (NSS) have a strictly positive impact on our economy?
