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Senior Citizen Saving Scheme News


4 Tax Saving Investment Options With 5 Year Lock-In Period
Who doesn't want to save tax! Tax planning and investing in tax saving investment instruments is key destination for tax savvy. However, when it comes to saving, everyone has different preference. The type of savings instrument a person chooses is determined ...
3 Government-Backed Guaranteed-Return Scheme That Offers 6-7% Interest
When looking for investing, government-backed schemes are the most preferred one by the majority of individual investors. Government-backed investment schemes offer a lucrative return, but, not everything is limited to the returns. It has been seen senior citizens initially use government-backed ...
Senior Citizen Savings Scheme 2019 Notified: Here Are Details
Senior Citizen Savings scheme (SCSS) 2019 has been notified by the ministry of finance that replaces Senior Citizen Savings Scheme Rules 2004 but the same shall not impact the operation of the earlier SCSS rules. In the scheme, maximum and minimum ...
Small Savings Schemes Interest Rate To Go Down From Oct Qtr
Interest rate on small savings schemes with government of India backing are revised quarterly based on the yield on benchmark 10-year government bonds. And as in the current liquidity crisis scenario, these are not in sync with the market rates, we ...
How To Open Senior Citizen Saving Scheme (SCSS) Account?
Being tax deductible the Senior Citizen Saving Scheme or SCSS is a preferred investment scheme for senior citizens. It is a plan backed by the government. The senior citizen saving scheme is customized to suit the specific requirements of an investment ...
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