Form 1st April, government is going to reduce the rates on few small saving schemes, this will be around 0.1%.
So this will be going to directly effect the small investors who prefer Indian post office for savings. After this announcement PPF will offer 8.7% instead of 8.8% and a 10yr NSC will fetch 8.8% instead of 8.9%
No doubt this will effect very less to the final maturity amounts but its worth to note every penny counts.