Can Rs 2 crore retirement corpus generate Rs 2 lakh monthly income for 20 years after retirement?Planning your retirement corpus is crucial. A Rs 2 crore fund may not last 20 years with high withdrawals. Experts suggest a bucket strateg...
25 May, 2026, 03.14 PM IST
Rs 2.46 lakh yearly income from SCSS: How senior citizens can earn regular interest incomeThe Senior Citizens Savings Scheme (SCSS) offers a high 8.2% interest rate for the April-June 2026 quarter, with a five-year tenure extenda...
16 May, 2026, 12.58 PM IST
Retiring with a large EPF corpus? Here’s how to allocate money across fixed income and mutual fundsRetirees with large EPF corpus need to balance safety with growth. Financial planners advise focusing on stable, tax-efficient income gener...
13 May, 2026, 11.27 AM IST
NSC interest rate 2026: Has National Savings Certificate interest rate changed for April-June quarter?National Savings Certificate interest rate: The National Savings Certificate offers an attractive interest rate for the April-June 2026 qua...
23 Apr, 2026, 09.00 AM IST
Highest FD rates for senior citizen in 2026: PSU vs private vs small finance banks with best fixed deposit rates on 3-year tenureSenior citizens seeking stable returns and capital safety find fixed deposits a preferred investment. For a 3-year tenure, small finance ba...
18 Apr, 2026, 10.10 AM IST
FD rates set to rise? RBI repo decision may bring good news for investorsRising inflation may not force the RBI to increase the repo rate this time around, but in later MPC meetings, the likelihood of higher repo...
07 Apr, 2026, 12.54 PM IST
RBI floating rate bond at 8.05%: Has the rate changed or is it still one of the best fixed income picks?The Reserve Bank of India's floating rate bond will continue to offer 8.05 percent interest. This comes as the Finance Ministry decided to ...
31 Mar, 2026, 12.02 PM IST
FD rate falling: Seniors can still earn 8.2% interest with this post office schemeThe Senior Citizen Savings Scheme is risk-free and offers higher interest income and tax benefits under 80C, making it suitable especially ...
16 Jul, 2025, 08.00 AM IST
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...
02 Apr, 2025, 05.35 PM IST
Senior citizen FDs vs Senior Citizen Savings Scheme: Check which one offers higher interest rate for senior citizensBank fixed deposits (FDs) and the Senior Citizen Savings Scheme (SCSS) are popular investment options for senior citizens seeking risk-free...
20 Feb, 2025, 05.46 PM IST
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...
28 Sep, 2024, 01.07 PM IST
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...
25 Nov, 2023, 12.15 PM IST
Senior citizen savings scheme offers 8.2% interest rate: Can you open more than one SCSS account?A senior citizen (individuals aged above 60 years) or retired individuals aged above 55 years can open an senior citizen savings scheme (SC...
06 Nov, 2023, 10.13 AM IST
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...
12 Jun, 2023, 03.38 PM IST
Three changes in post office schemes from April 1, 2023Here are the changes if you are an individual who has invested in the Senior Citizen Savings Scheme (SCSS) or the Post Office Monthly Incom...
27 Mar, 2023, 04.36 PM IST
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...
22 Mar, 2023, 01.06 PM IST
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...
21 Feb, 2023, 11.46 AM IST