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No Way Out
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  • Peak postal savings and PPF rates are down from 12 per cent to 9.5 only.

  • Bank term deposits pay only 6.5-9.5 per cent. Even tax has gone up.

  • No guaranteed return on UTI and other MFs. Prices, linked with NAVs, fluctuate.

  • Tax benefits only for senior citizens above 65.
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