{"id":58715,"date":"2024-12-10T15:38:41","date_gmt":"2024-12-10T10:38:41","guid":{"rendered":"https:\/\/dailyausaf.com\/en\/?p=58715"},"modified":"2024-12-10T15:39:04","modified_gmt":"2024-12-10T10:39:04","slug":"special-savings-certificates-profit-rate-update-december-2024","status":"publish","type":"post","link":"https:\/\/dailyausaf.com\/en\/business\/special-savings-certificates-profit-rate-update-december-2024\/","title":{"rendered":"Special Savings Certificates profit rate update \u2014 December 2024"},"content":{"rendered":"<p>ISLAMABAD: Last month in November 2024, the National Savings or <a href=\"https:\/\/dailyausaf.com\/en\/business\/qaumi-bachat-bank-behbood-savings-certificates-latest-profit-rate-november-2024\/\">Qaumi Bachat<\/a> changed the profit rates on Special Savings Certificates, a profitable investment plan.<\/p>\n<p>These <a href=\"https:\/\/dailyausaf.com\/en\/business\/behbood-savings-certificates-monthly-profit-rate-in-pakistan-december-2024\/\">certificates<\/a> were introduced by the government to meet the requirements and desires of small and medium-sized investors by providing them with a special opportunity to invest and get returns on their capital every two years.<\/p>\n<p>The investment offer is open to the general public and has a three-year term. Investors receive their profits at the end of each six months.<\/p>\n<p>Since Pakistani nationals can purchase the certificates for any quantity, there is no upper restriction on the amount they can invest in this category.<\/p>\n<h2><a href=\"https:\/\/dailyausaf.com\/en\/business\/current-profit-rates-for-regular-income-certificates-in-dec-2024-revealed\/\">Special Savings Certificates Profit Rate in December 2024<\/a><\/h2>\n<p>As per the revised policy, the profit rate for Special Savings Certificates has been fixed at 11.60 percent for the first five bi-annual profits while it will be 12.60% for the sixth profit.<\/p>\n<p><strong>Profit No 1 to 5<\/strong>\u00a0 \u00a0 \u00a0 \u00a0 \u00a0 \u00a011.60% per bi-annual or <strong>Rs5,800<\/strong> on investment of Rs100,000 each.<\/p>\n<p><strong>Profit No 6 (Last)<\/strong> \u00a0\u00a0\u00a0\u00a0\u00a0\u00a0 12.60% per or <strong>Rs6,300<\/strong> on investment of Rs100,000 each.<\/p>\n<p>According to the regulations, the rate of withholding tax for individuals listed on the Active Tax Payer List (ATL) is 15% of the yield or profit, regardless of the date of investment or the amount of profit.<\/p>\n<p>However, regardless of the date of investment or the amount of profit, non-filers will be required to pay 30% in withholding tax on the profit.<\/p>\n","protected":false},"excerpt":{"rendered":"<p>ISLAMABAD: Last month in November 2024, the National Savings or Qaumi Bachat changed the profit rates on Special Savings Certificates, a profitable investment plan. These certificates were introduced by the government to meet the requirements and desires of small and medium-sized investors by providing them with a special opportunity to invest and get returns on [&hellip;]<\/p>\n","protected":false},"author":9,"featured_media":58719,"comment_status":"closed","ping_status":"closed","sticky":false,"template":"","format":"standard","meta":{"footnotes":""},"categories":[4],"tags":[11001,24666],"class_list":["post-58715","post","type-post","status-publish","format-standard","has-post-thumbnail","hentry","category-business","tag-national-savings","tag-special-savings-certificates-profit-rate-in-december-2024"],"_links":{"self":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/58715","targetHints":{"allow":["GET"]}}],"collection":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts"}],"about":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/types\/post"}],"author":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/users\/9"}],"replies":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/comments?post=58715"}],"version-history":[{"count":2,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/58715\/revisions"}],"predecessor-version":[{"id":58723,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/posts\/58715\/revisions\/58723"}],"wp:featuredmedia":[{"embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media\/58719"}],"wp:attachment":[{"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/media?parent=58715"}],"wp:term":[{"taxonomy":"category","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/categories?post=58715"},{"taxonomy":"post_tag","embeddable":true,"href":"https:\/\/dailyausaf.com\/en\/wp-json\/wp\/v2\/tags?post=58715"}],"curies":[{"name":"wp","href":"https:\/\/api.w.org\/{rel}","templated":true}]}}