Tue, Dec 10, 2024
Most senior citizens seek guaranteed return schemes as they no longer have a regular income in their later years. They wish to invest the savings accumulated during their working life in schemes that provide consistent income, whether monthly, quarterly, or annually. In this video, we will explore these schemes offered by post offices and other financial institutions.
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Fri, Mar 22, 2024
Senior Citizens Savings Scheme Account (SCSS) is a post office scheme that provides guaranteed return in the form of 8.2 per cent annual interest to senior citizens. The central government scheme offers tax benefits up to Rs 1.50 lakh on deposits under Section 80C of the Income Tax Act. Individuals above 60 years of age can open a single or a joint account in SCSS. An SCSS account holder needs to pay TDS if the earnings from the interest income exceeds Rs 50,000 in a financial year. Know more about the SCSS scheme and what you will get on one-time deposits of Rs 10 lakh, Rs 20 lakh and Rs 30 lakh in it.
Mon, Mar 28, 2022
Retirement planning means preparing today for your future life so that you continue to meet all your goals and dreams independently. Here are some government pension plans to secure your future after the age of 60.
Fri, Nov 26, 2021
Thu, Aug 05, 2021
The Senior Citizen Savings Scheme (SCSS) is a deposit scheme introduced by the government of India to provide guaranteed returns to senior citizens through a safe investment.
Wed, Jan 06, 2021
Senior Citizens Savings Scheme - HDFC Bank vs ICICI Bank: Senior Citizen Special FD Scheme is being launched by the majority of the banks to help elderly investors to remain insulated from low bank interest rates that are being offered currently.
Wed, Nov 06, 2019
Options like Senior Citizen Saving Scheme (SCSS), Bank Bond, Government Bond, etc are there for a retired person to remain rich.
Tue, Aug 20, 2019
Senior Citizen Day 2019: Most senior citizens have no earnings after retirement. The most important thing for a senior citizen is to maximize return on investment.
Fri, Mar 31, 2017
The government has lowered interest rates on small saving schemes like Public Provident Fund (PPF), Kisan Vikas Patra and Sukanya Samriddhi Scheme by 0.1% for the April-June quarter of the fiscal year 2017-18 (FY18).
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