The Senior Citizens’ Savings Scheme is one of the few government-backed options that can give retirees a steady income. With ...

Saving for a secure and satisfying retirement normally involves making the right choices when it comes to where to place your savings. For senior Indian citizens, the most trustworthy options among ...

When the monthly salary stops coming in, the primary concern for many retirees is quite straightforward: How do I generate a regular income from my savings? This is precisely where the Senior Citizens ...

Senior Citizens Savings Scheme Account (SCSS) scheme provides an annual interest rate of 8.20 per cent, which is the second-best among all post office schemes after Sukanya Samriddhi Yojana (SSY).

CM Baghel also ordered that cases be withdrawn against of these firms, mostly local youth, who have been bearing the brunt of the cheating committed by the firms, he said. Pradhan Mantri Vaya Vandana ...

Investment in SCSS of up to Rs 1.5 lakh per financial year qualifies for tax deduction under Section 80C. Among the bank FD variants, only the tax saving FDs with a lock-in period of 5 years qualify ...

When planning for a secure financial future, particularly retirement, the Senior Citizens Savings Scheme (SCSS) stands out as a reliable option. Made for those aged 60 and above, this ...

SCSS offers a higher rate of interest of 8.2 per cent and the investment is eligible for deductions under Section 80C. On the other hand, all term deposits are not eligible for tax benefits and give ...

Senior Citizens Savings Scheme:: Individuals who invest in SCSS can avail of a tax deduction of up to ₹1.5 lakhs under Section 80C.(PTI) Senior Citizens Savings Scheme: With the recent hike of the ...