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About 5 results for "scss"

Only spouse can be second holder in senior citizen plan
DNA

Only spouse can be second holder in senior citizen plan

If the money deposited in your spouse's a/c belongs to you, the interest on such SCSS a/c will be taxable under the clubbing provisions DNA, 2 months ago
Business Standard

Fixed deposits aren't enough, senior citizens must invest in other avenues

Requires you to share personal information like date of birth, income, location amongst other fields. This information alongwith your contact information will be shared with the partners associated with this program, who contribute towards subsidizing the ...
 Business Standard2 days ago

4 ways the Budget cheers senior citizens

Thanks to Budget 2018, seniors can invest more and also save more.Tinesh Bhasin reports.Illustration: Dominic Xavier/Rediff.com For those in the lower tax brackets (5 and 20 per cent) who don't like the volatility that comes with equities, fixed-income instruments like fixed deposits (FDs) and Senior Citizens Savings Scheme (SCSS) have turned more attractive than debt mutual funds.   "Other than fixed-income debt instruments becoming attractive, seniors can now invest in Pradhan Mantri ...
 Rediff.com2 days ago
Rediff.com

6 money tips to secure your post-retirement

If you plan to withdraw money from your corpus regularly to meet expenses, have a portfolio of stable instruments, experts tell Sanjay Kumar Singh.Illustration: Uttam Ghosh/Rediff.com The Life Insurance Corporation stopped selling its popular immediate annuity product Jeevan Akshay VI from December 1, 2017. Many investors rushed in at the last moment to invest in it as its returns were among the most attractive of all the immediate annuities available.   LIC is likely to relaunch the plan ...
 Rediff.com1 month ago

All You Need to know about Senior Citizen Savings Scheme

Posted by Equitymaster Senior citizens are most affected with the volatile interest scenario as their only source of income is from the interest they earn on their investments. Everyone works hard throughout their life to be able to enjoy a comfortable and ...
 Equitymaster.com2 months ago
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