Tag: Senior Citizen Savings Scheme
Income Tax benefits for senior citizens, higher exemptions, relief and rebates Income Tax benefits for senior citizens, higher exemptions, relief and rebates. 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 …
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 …
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 …