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 […]
How to open a senior citizen savings scheme account? MintGenie explains
The arrival of the New Year signifies more than just celebrations and social events for everyone. For certain individuals, it marks the commencement of a fresh investment venture or a unique personal financial commitment aimed at ensuring their future stability. This holds particularly true for elderly individuals seeking to invest a lump sum without delving […]