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HOW TO INVEST IN SCSS
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- 10 must-do financial tasks you can plan from April 1, 2026, in new financial year: Save income tax, buy insurance policy, plan for retirement & moreFinancial tasks: Proactive financial planning, from retirement savings to KYC updates and nominee details, ensures a smoother year ahead.. ...01 Apr, 2026, 06.29 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
- How senior citizens can earn monthly income of Rs 1 lakh through top government schemes with highest returnsSenior citizens can achieve a Rs 1 lakh monthly income using government schemes. Options like SCSS and RBI bonds offer over 8% returns. Exp...13 Mar, 2026, 03.22 PM IST
- Now HDFC Bank is also offering SCSS accounts with 8.2% interest: Check documents required, eligibilityHDFC Bank has begun accepting deposits under the Senior Citizens' Savings Scheme, offering an attractive 8.2% interest rate. This governmen...19 Mar, 2025, 01.11 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
- Income tax saving ideas: With 8.2% interest, Senior Citizen Savings Scheme (SCSS) is a better bet to save tax than tax-saver FDsTax saving for FY 23-24: Senior Citizen Savings Scheme vs tax-saving fixed deposits: Fixed deposits (FDs) have long been a popular choice f...16 Mar, 2024, 12.47 PM IST
- 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...19 Jan, 2024, 12.44 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
- Rs 69,150 monthly income with govt guarantee: How senior citizens can invest to build their own pensionThe scope for higher regular income has increased substantially after the Budget 2023 proposal to enhance the investment limit for Senior C...17 Feb, 2023, 11.11 AM IST
- Senior Citizens’ Savings Scheme: Who can invest, how to open SCSS accountAn SCSS account can be opened at an authorised bank. It's a good idea to check with your bank whether it offers this facility. An SCSS acco...26 Sep, 2022, 12.42 PM IST
- Post office time deposit: Why you need to link POTD to savings account before this dateIndividuals should link their post office time deposit to their post office savings account or bank account, according to a recent notifica...22 Mar, 2022, 10.32 AM IST
- Last date to link savings account with MIS, SCSS, post office time deposit to get credit of interestInterest earned on MIS, SCSS, TD schemes will only be credited to the investor's post office savings account or bank account linked to the ...03 Mar, 2022, 11.00 AM IST
- Senior Citizens Savings Scheme (SCSS) saves tax, beats bank FDs: Here's all you need to know about itBacked by the government, the scheme offers capital protection, along with quarterly interest payment as a source of income. Senior citizen...18 Feb, 2022, 12.26 PM IST
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