ISLAMABAD: The Central Directorate of National Savings (CDNS) collected Rs48 billion of a aim set for a financial year 2016-17 by Sep 30, this year. The aim for a stream mercantile year is set during Rs228 billion as a Directorate was means to grasp a aim of Rs218 billion set for a prior mercantile year, pronounced a comparison CDNS official. The CDNS has told ceiling rider in a distinction rates for several saving certificates, germane from Oct 3, 2016. As per a presentation released by a sovereign government, a new rates for Defense Savings Certificate, Special Saving Certificate, Regular Income Certificate and Savings Accounts have been revised ceiling during an normal of 7.44%, 5.8%, 6.36% and 3.90%, respectively.
Published in The Express Tribune, Oct 7th, 2016.
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Article source: http://tribune.com.pk/story/1194777/fy17-cdns-collects-rs48b-sep-30/