News

Relying on rental income in retirement? Take these steps to protect yourself.
Depending primarily on rental income isn't wise, especially for senior citizens. Here's what you can do to minimise the risk ...
POST OFFICE MONTHLY INCOME SCHEME
A perfect guide to earn up to Rs 1.23 lakh monthly income in govt-backed plan - SCSS scheme calculator 2023, rate of interest ...
IDBI and ICICI Banks revise fixed deposit, savings account rates amid low-interest environment
IDBI Bank has announced revisions to its fixed deposit (FD) interest rates while extending the deadline for its Utsav Deposit ...
IDBI Bank cuts FD rates across special deposit, extends Utsav fixed deposit deadline
IDBI Bank has revised its fixed deposit interest rates, extending the Utsav Deposit scheme deadline but discontinuing the 300 ...
FDs vs small savings schemes: Which saving instruments offer better returns?
Several post office savings schemes offer marginally higher returns over what most banks give on their fixed deposits (FDs) ...
How senior citizens can gain now while withdrawing from NSS accounts: What you need to know
The Central Board of Direct Taxes (CBDT) has officially clarified that no tax will be deducted at source (TDS) on withdrawals ...
The Financial Express2d
National Savings Scheme: Are senior citizens exempt from paying tax on NSS withdrawals?
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 ...
SBI vs HDFC vs ICICI: Which Bank Offers The Best Returns On Fixed Deposits?
The RBI cut the repo rate by 0.25% to 6%, leading banks like HDFC, ICICI, and SBI to lower FD and loan rates. Senior citizens benefit from SBI's 'We Care' scheme ...
Falling interest rates: Senior citizens should lock into longer-term FDs, small saving instruments
They can also allocate a part of their investments to hybrid and balanced advantage mutual funds, say financial planners.