HDFC Bank has begun accepting deposits under the Senior Citizens' Savings Scheme, offering an attractive 8.2% interest rate. This governmen...

The Senior Citizen Saving Scheme (SCSS) is an investment scheme developed and maintained by the Indian government to help senior citizens l...

Senior Citizen Savings scheme interest rate: Note that if an account is formed in violation of the SCSS Rules, the account will be terminat...

Tax saving for FY 23-24: Senior Citizen Savings Scheme vs tax-saving fixed deposits: Fixed deposits (FDs) have long been a popular choice f...

Senior Citizen Savings Scheme features: The government fixes the interest rate on SCSS every quarter. The government has not hiked the inte...

The government-backed Senior Citizen Savings Scheme (SCSS) is available for those over the age of 60, or 55. The government fixes the inter...

The Department of Posts came out with an detailed notification about senior citizen savings scheme (SCSS) and Public Provident Fund (PPF) f...

SCSS new rule: A Senior Citizen Savings Scheme (SCSS) pays quarterly interest to the depositors during its tenure of five years. On maturit...

The government has issued a notification to make changes in the Senior citizens Savings Scheme rules. These rules apply on who can invest, ...

A senior citizen (individuals aged above 60 years) or retired individuals aged above 55 years can open an senior citizen savings scheme (SC...

The Government of India has amended Section 194A of the Income Tax Act, 1961, and as a result, the total interest income payable in a Finan...

For the third quarter (October to December) of the current fiscal year, the government has increased the interest rates on a few small savi...

The SCSS's interest rate is determined by government policy, and it provides account holders with a consistent income during their retireme...

You can open a Senior Citizens' Savings Scheme (SCSS) account alone or with your spouse at any bank or post office. SCSS has a 7.4 percent ...

Interest earned on MIS, SCSS, TD schemes will only be credited to the investor's post office savings account or bank account linked to the ...

For senior citizen investors, safety and returns play an important role while choosing an investment vehicle. The Senior Citizens’ Savings ...

SCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.