The Finance Ministry will review Post Office small savings scheme interest rates by December 31, 2025, for the January-March ...

With bank FD yields softening after RBI’s rate cuts, investors are watching whether the Finance Ministry tweaks PPF, SCSS, ...

Dhirendra Kumar said that retirees can be broadly grouped by their dependence on investment income, noting that those fully ...

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 ...

Saving for a secure and satisfying retirement normally involves making the right choices when it comes to where to place your savings. For senior Indian citizens, the most trustworthy options among ...

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 ...

In times when interest rates of bank Fixed Deposits are heading down, the Senior Citizen Savings Scheme (SCSS)—a government-backed small savings scheme ––is a worthwhile avenue for retirees. Typically ...

SCSS vs PSU Bank Senior Citizen FD: Post Office Senior Citizen Savings Scheme (SCSS) offers a quarterly payout after a lump sum investment. On the other hand, banks offer extra interest rates on their ...

Senior Citizen Savings Scheme Account (SCSS) is a small savings post office scheme focused on providing income to senior citizens. Senior citizens can deposit in their SCSS account in the multiples of ...