Mon, Nov 25, 2024
The central government told the lower house of Parliament on Monday that no proposal on income tax relief to senior citizens is under consideration.
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Wed, Oct 23, 2024
Senior citizens need a regular income option post retirement. So, a lot of them invest their money in fixed deposit (FD) schemes. Banks such as State Bank of India (SBI, HDFC Bank, and ICICI Bank offer 1-year fixed deposit schemes to senior citizens.
Mon, Oct 21, 2024
SBI Senior Citizen FD Updated Interest Rates: State Bank of India (SBI) offers its highest interest rate to senior citizens in its 444-day Amrit Vrishti special FD at 7.75 per cent. Senior citizens get the interest rate of 7.30 per cent in 1-year FD, 7.25 per cent in 3-year FD, and 7.50 per cent in the 5-year FD.
Sat, May 16, 2020
Banks are adopting different procedures while releasing pension or seeking certificates from pensioners at different periodicity, the Personnel Ministry has said.
Sun, Dec 15, 2019
Senior Citizen Saving Scheme: After retirement, generally people have little option for earnings and hence their investment becomes one of the most important factors post-retirement.
Mon, Dec 09, 2019
Bank FD or fixed deposit is the most suitable investment option for senior citizens as they don't want to take any kind of investment risk at this stage of their life.
Wed, Aug 21, 2019
Senior Citizens are integral part of society, know how to do financial planning that secures future. Watch video to know more.
Tue, Jun 25, 2019
EMOHA Eldercare, a startup in the elder care category, has launched India’s first 24x7 eldercare responder service in Gurgaon.
Fri, Apr 05, 2019
Under this provision, senior citizens above 70 years can do certain basic banking transactions from their home, as the bank will arrange to have cash or cheque picked from their home against receipt.
Fri, Dec 14, 2018
Addressing the question of the limited capacity of the State in meeting the expenses of the welfare measures for the elderly people, the court said: "The consideration of `economic budgeting` by the Centre and states must have been taken into account while enacting the legislation."
Mon, Feb 26, 2018
The quota remains open forbooking till the time of preparation of the reservation chart and after that, the unutilised quota is released to the wait-listed passengers, irrespective of their gender
Thu, Feb 01, 2018
For senior citizens, exemption of interest income on bank deposits has been raised to Rs 50,000
Tue, May 30, 2017
With just few months in hand, you might have started the process of filing income tax returns for FY16-17. If not then you should start and not wait for the last moment.
Wed, Apr 05, 2017
Transport wing of Brihanmumbai Electric Supply and Transport (BEST) busses have been mulling a rate hike which could go up to 50% of current fares, a report by Mumbai Mirror said on Wednesday.
Wed, Feb 01, 2017
Finance Minister, Arun Jaitley announced the introduction of Aadhaar based smart cards for senior citizens over the age of 60 years at the presentation of the Union Budget in the lower house of parliament.
Sun, Jan 01, 2017
Prime Minister Narendra Modi after completion of 50-day demonetisation window announced a series of incentives to senior citizens, farmers, women, and small businesses during his New Year's Eve address to the nation on Saturday.
Fri, Nov 18, 2016
However, senior citizens are exempted and they can go to any bank branch to exchange notes tomorrow.
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