With the proposed hike in deposit limit under Senior Citizen Savings Scheme (SCSS) in Budget 2023, senior citizen couples can ensure a combined higher monthly cash flow for themselves. At the current ...
SCSS Tax Benefits: Investments in Senior Citizen Savings Scheme qualify for tax benefits under Section 80C of the Income Tax Act, 1961. Interest becomes taxable if the total interest across all SCSS ...
Check comparison of NSC and SCSS schemes for senior citizens. Representational image NSC vs SCSS: Both the Senior Citizen Savings Scheme (SCSS) and National Savings Certificates (NSC) offered by the ...
For senior citizens, selecting the right investment instrument is crucial to ensure steady income and protection of capital. Among the most popular options are the Senior Citizen Savings Scheme (SCSS) ...
The Senior Citizens Savings Scheme (SCSS) is a government-backed savings initiative tailored for senior citizens to ensure a secure and regular income post-retirement. With guaranteed returns, tax ...
et's hear from experts on how elderly individuals over 60 looking for government-backed regular income with inflation-beating and risk-free returns, like PMVVY and SCSS, may the most from these two ...