SCSS is a government-backed small savings scheme designed for senior citizens to keep their finances steady after retirement.

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, introduced a revamped new tax regime for FY 2025-26 (AY 2026-27), effective April 1, 2025. Key changes include making income up ...

Senior Citizens Savings Scheme Account (SCSS) scheme provides an annual interest rate of 8.20 per cent, which is the second-best among all post office schemes after Sukanya Samriddhi Yojana (SSY).

To earn roughly Rs 20,000 per month, an investor would typically need to invest close to the maximum permitted amount of Rs ...

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 ...

Senior Citizen Savings Scheme (SCSS) is a small savings, guaranteed return scheme run by the post office, where senior citizens get 8.20 per cent yearly interest. The non-market-linked scheme has a ...

Investment in SCSS of up to Rs 1.5 lakh per financial year qualifies for tax deduction under Section 80C. Among the bank FD variants, only the tax saving FDs with a lock-in period of 5 years qualify ...

When planning for a secure financial future, particularly retirement, the Senior Citizens Savings Scheme (SCSS) stands out as a reliable option. Made for those aged 60 and above, this ...

The Senior Citizen Savings Scheme (SCSS) is a popular savings option for individuals aged 60 and above in India. It offers a safe and attractive way for senior citizens to generate regular income ...

Senior Citizen Savings Scheme (SCSS) calculation 2023: Deposit limit has been hiked. Representational image Senior Citizen Savings Scheme Calculation 2023: Senior Citizens now have the opportunity to ...