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SCSS INVESTMENT LIMIT
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...
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...
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...
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.. ...
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 ...
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 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...
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...
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...
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...
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...
Senior Citizen Savings Scheme investment limit hiked to Rs 30 lakh: Govt issues notificationBudget 2023 proposed a hike in investment limit in Senior Citizen Savings Scheme (SCSS. A hike of Rs 15 lakh was proposed in the SCSS. As p...
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...
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...
How to open a Senior Citizen Savings Scheme accountIndividuals over 60 can open an SCSS account. Further, a person who is 55 years old and has taken voluntary retirement can invest in such a...
Why defence personnel should look beyond Senior Citizens Saving Scheme and what are the alternativesThe minimum age limit for investing in SCSS for retired defence personnel (excluding civilian defence employees) has now been fixed at 50 y...