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PMVVY SCHEME CLAIMS
Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same datePMVVY currently offers retirees the option of investing up to Rs 15 lakh to earn near-risk-free returns. However, till now there has been n...- Invest up to Rs 30 lakh in Senior Citizen Savings Scheme from Apr 1, 2023: What is SCSS, tax benefits, withdrawals, interest rateSeniors can invest up to Rs 30 lakh in the post office's Senior Citizen Savings Scheme (SCSS) beginning April 1, 2023, as proposed by Finan...
- LIC Pradhan Mantri Vaya Vandana Yojana to close for investment on March 31: Pension benefits, taxation, interest ratePension payments under the PMVVY plan are made in accordance with the pay-out option that the investor chose when the funds were put in the...
- PAN-Aadhaar linking, tax-saving investments, advance tax: 4 important money deadlines in March 2023From linking your PAN to your Aadhaar to planning your tax-saving investment, you need to finish a few important financial deadlines by Mar...
- PPF, SCSS, Sukanya Samriddhi, other small savings schemes: What happens if an accountholder dies without nominee; govt clarifiesPPF, SCSS, Sukanya Samriddhi, other small savings schemes: The Finance Bill 2023 has proposed to amend the Government Savings Promotion Act...
- List of government pension, insurance schemes for Indian citizensAs per the Economic Survey, “it is important to protect citizens from risks posed by rainy days, such as health issues, natural disasters, ...
- How many claims have been paid under Ayushman Bharat Yojana, PMVVY govt insurance schemes?The government highlighted the success rate of insurance schemes such as Ayushman Bharat Yojana, Pradhan Mantri Vaya Vandana Yojana, Pradha...
- Top 7 investment options for senior citizens who want regular incomeHere are seven popular investment options that senior citizens can consider for a regular income.
- Investing in PMVVY LIC pension scheme will not help in tax savingThe scheme allows premature exit during the policy term under exceptional circumstances like the pensioner requiring money for the treatmen...
- Top 10 investment optionsWhile selecting an investment avenue from the investment options given below, one has to match his/her own risk profile with the risks asso...
- How to choose right tax saving options for senior citizensSCSS is a government backed retirement savings programme. The scheme has a maximum limit of Rs 15 lakhs or the Retirement Corpus, whichever...
- Better together: 5 ways couples can boost their finances by saving and investing jointlyYou and your partner can maximise wealth by joining financial forces. For example, if living on rent, you both can save more tax when avail...
- Can I claim deduction on principal of home loan EMI paid if I have not received possession of property?The principal portion of the EMI paid for the year is allowed as a deduction under Section 80C in the year of payment. Do remember that the...
- Better options than bank fixed depositsThere are several options that offer better returns and therefore, investors should consider locking into these at higher rates. Why should...
- Two investment options offering more than 7% for senior citizensFor senior citizen investors, safety and returns play an important role while choosing an investment product. For that, they can consider t...
- Hurry! This LIC pension scheme that can provide Rs 10,000 a month will end March 31Pradhan Mantri Vaya Vandana Yojana pension scheme, meant for senior citizens, is available only till March 31.
- 8 financial deadlines in 2020 that you need to knowTo be moneywise in the year 2020, here are 8 financial deadlines that you need to know about.
- How senior citizens can make the most of tax breaks on offerThe key changes rolled out have been in the areas of fixed deposit interest and health insurance.
- New pension scheme offers 'respectable' returns to elders: FM Arun JaitleyPMVVY is a pension scheme exclusively for senior citizens (aged 60 years and above) which is available from May 4, 2017 to May 3, 2018.
- New pension plan for elderly with 8% returnThe scheme is open to people aged 60 years and above. It can be purchased offline as well as online through the state-run Life Insurance Co...
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