WebApr 6, 2024 · Tax Benefit- Under section 80C of the Income Tax Act, SCSS is eligible for a tax deduction of up to Rs. 1.5 Lakh per annum. Simple Investment Process: The process … WebFeb 1, 2013 · The Senior Citizens’ Saving Scheme is a retirement benefit program by the Government of India. Individuals over 60 years can opt for the SCSS scheme by investing …
Budget 2024: Senior Citizens Savings Scheme; Rs 30 lakh Deposit …
WebSCSS depositors enjoy tax benefit of Section 80C of the Income Tax Act, which allows them to categorize the scheme’s investment under the personal tax exemption limit of INR 1.5 … WebMar 22, 2024 · left data sidebar data adaptive .article block .sideBar display block height 500px Benchmarks Nifty17,141.6534.15NSE Gainer Large Cap Vodafone Idea6.650.35FEATURED FUNDSPro Investing Aditya Birla Sun Life Mutual FundInvest NowFEATURED FUNDS★★★★★Canara Robeco Equity Hybrid Fund Direct Growth5Y … fate a winx saga season 2
SCSS: All You Need To Know About Senior Citizen Savings …
WebApr 14, 2024 · In India, the Senior Citizen Savings Scheme (SCSS) is a popular investment option with attractive interest rates and tax advantages for senior citizens. The … WebApr 10, 2024 · Some of these government savings schemes in India also come with tax benefits, ... SCSS is designed for senior citizens and offers an attractive interest rate of 7.9%. WebAug 13, 2024 · The basic requirement a senior citizen will want from his/her investment is two basic things – safety and regular income. The Senior Citizen Savings Scheme (SCSS) meets these two requirements, and you get the tax benefit under section 80C on the amount invested. Individuals can apply for this scheme from Post Offices, Public and Private Banks. fate back to the past