Latest Senior Citizen Savings Scheme interest rate: What is the post office SCSS rate for April- June 2025 quarter?The SCSS offers a secure investment option for senior citizens with a fixed income and tax benefits. The interest rates for small savings s...
Senior Citizen Savings Scheme: How to save TDS on SCSS interest incomeSenior Citizen Savings Scheme: TDS is deducted when the interest on SCSS exceeds Rs 50,000 in a financial year. This TDS is deducted from t...
SCSS interest rate: Latest Senior Citizens Savings Scheme interest rate for July- September quarterThe 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 (SCSS) offers 8.2% interest rate; All you need to know about tax benefits, investment limit & moreSenior Citizen Savings Scheme features: The government fixes the interest rate on SCSS every quarter. The government has not hiked the inte...
Senior Citizen Savings Scheme (SCSS) rule change: Multiple extensions available; when to opt for it, when to avoidSCSS new rule: A Senior Citizen Savings Scheme (SCSS) pays quarterly interest to the depositors during its tenure of five years. On maturit...
Was Senior Citizens Savings Scheme interest rate hiked for Oct-Dec quarter? Check latest SCSS rateThe government has raised the interest rates on certain small savings schemes and post office schemes for the fiscal quarter ending Decembe...
Senior Citizens Savings Scheme: Was interest rate hiked for July-September 2023 quarter?The investment minimum is Rs 1,000 and the investment maximum is Rs 30 lakh. If you are interested in investing in SCSS, then here is a loo...
What are the rules of TDS deduction in Senior Citizens’ Savings SchemeThe 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...
On which post office schemes is TDS applicable, where tax is not deductedIt's crucial to remember that TDS is only deducted from some transactions when the payment's value exceeds the predetermined threshold.
Senior Citizens’ Savings Scheme or bank fixed deposits: Which offers best interest rate for senior citizens?In view of increased interest rates, the government revised the interest rates of a few small savings schemes, including the Senior Citizen...
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...
Senior Citizen Savings Scheme's investment limit increased to Rs 30 lakh: Budget 2023Senior Citizen Savings Scheme (SCSS) Investment Limit: For the quarter ending March 31, 2023, the government has raised the interest rate f...
Senior Citizen Savings Scheme (SCSS): Know all about TDS applicabilitySenior Citizen Savings Scheme (SCSS): Know all about TDS applicability
Senior Citizens’ Savings Scheme: Govt clarifies on interest rate payable after death of SCSS account holderThe SCSS's interest rate is determined by government policy, and it provides account holders with a consistent income during their retireme...
Senior Citizens' Savings Scheme latest interest rateYou 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 ...
Plus and minus points of Senior Citizens’ Savings SchemeSCSS offers tax benefits under Sec 80C and allows premature withdrawals. However, there are a few problems that need to be fixed.
- Hard times for the aged on tax front
Senior citizens will now find it tough to escape from TDS net. ET offers some tips.