Senior Citizen Savings Scheme: How to save TDS on SCSS interest income
Senior Citizen Savings Scheme (SCSS) is an attractive scheme for senior citizens which offers 8.2% interest for the July-September quarter. An individual can invest up to Rs 30 lakh in SCSS. Interest earned on the SCSS investment is taxable per the investor’s income tax slab. TDS is also deducted if the interest received from the […]
Retirement planning: How to get Rs 1 lakh monthly pension after retirement; check investment planning, calculation
How can a senior citizen earn a regular pension of Rs 1 lakh every month after retirement? A common question that is often asked by those who are about to retire. While investing your hard-earned money, you need to plan well and consider multiple factors — inflation, your risk appetite, how much return it will […]