The Central Board of Direct Taxes (CBDT) has officially clarified that no tax will be deducted at source (TDS) on withdrawals ...

The SCSS offers a secure investment option for senior citizens with a fixed income and tax benefits. The interest rates for small savings schemes, including SCSS, have been kept unchanged for the ...

The Senior Citizen Savings Scheme (SCSS) is specifically designed to provide financial security to retirees, offering higher returns compared to many other savings options. This government-backed ...

A perfect guide to earn up to Rs 1.23 lakh monthly income in govt-backed plan - SCSS scheme calculator 2023, rate of interest ...

The NSS is a government-backed savings scheme, which offers safe investment options and assured returns. This scheme was launched specifically with the aim of motivating senior citizens to save for ...

Selecting the incorrect Income Tax Return (ITR) form can result in incomplete reporting of information, potentially leading ...

They can also allocate a part of their investments to hybrid and balanced advantage mutual funds, say financial planners.

Under this scheme, a girl's parents or legal guardians can deposit a maximum of Rs 1.50 lakh in a year. SSY provides 8.2 per cent interest rate. Senior Citizens Savings Scheme (SCSS) gives 8.2 per ...

Depositors can earn 8.2 percent on a senior citizen savings scheme. Public provident fund offers 7.1 percent per annum and Sukanya Samriddhi Account beneficiaries stand to earn 8.2 percent.

State Bank of India offers decent interest rates on fixed deposits, FD, for senior citizens. Heres a thorough calculation of SBI FD interest rate on investment of Rs 3 lakh for a tenure of one, three ...

India Post offers several small savings schemes for the general public and for senior citizens. Each scheme has its own features and investment criteria, such as minimum amount, age, and lock-in ...