Tag: Senior Citizen Savings Scheme
Rate of interest of NSCs, KVPs Post Office Deposit Schemes for 1st Quarter FY 2023-24 Finance Ministry has increased the rate of interest of Small Savings Scheme, i.e. NSCs, KVPs Post Office Deposit Schemes, Senior Citizens Savings Schemes, etc. for 1st Quarter FY 2023-24 are as under Instuments …
Income Tax benefits to senior citizens, higher exemptions, relief, & rebates post Finance Act 2021 Income-tax Act provides several benefits and exemptions to the senior citizens. However, to become eligible to these benefits the senior citizen/very senior citizen must be resident in India. These benefits are not available …
Deposits under Senior Citizens Welfare Fund to bear interest @ 6.85% from 1st April, 2019 to 31st March, 2020 MINISTRY OF FINANCE(Department of Economic Affairs) NOTIFICATION New Delhi, the 17thMarch, 2020 F. No. 13/20/2014-NS.—It is hereby notified that the deposits made under the Senior Citizens Welfare Fund, announced …
Age limit for Retired Defence personnel to subscribe Senior Citizen Savings Scheme is now fifty years MINISTRY OF FINANCE Department of Economic Affairs NOTIFICATION New Delhi, the 3rd October, 2017 G.S.R.1235(E).—In exercise of the powers conferred by section 15 of the Government Savings Bank Act, 1873 ( 5 of …
