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 ...

The SCSS offers a secure investment option for senior citizens with a fixed income and tax benefits. The interest rates for ...

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

Several post office savings schemes offer marginally higher returns over what most banks give on their fixed deposits (FDs) ...

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 ...

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

IDBI Bank has revised its fixed deposit interest rates, extending the Utsav Deposit scheme deadline but discontinuing the 300 ...

Depending primarily on rental income isn't wise, especially for senior citizens. Here's what you can do to minimise the risk ...

For those who invest in post office savings schemes such as the Senior Citizen Savings Scheme (SCSS) and Sukanya Samriddhi Yojana (SSY), the latest announcement regarding interest rates for the ...

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