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Outlook Money
outlookmoney.com > news > senior-citizen-loses-rs-4-lakh-fixed-deposit-to-fraudsters-posing-as-bank-officials

Senior Citizen Loses Rs 4 Lakh Fixed Deposit To Fraudsters Posing As Bank Officials

4+ day, 23+ hour ago   (405+ words) A Kolkata senior citizen lost Rs 4.70 lakh from his fixed deposit to digital fraudsters. The fraudster posed as a bank official and tricked him into clicking a malicious link and sharing banking details. They used forged bank documents and a…...

Outlook Money
outlookmoney.com > amp > story > news > annapurna-yojana-rs-3000-august-instalment-to-be-credited-from-august-17

Annapurna Yojana: Rs 3,000 August Instalment to Be Credited From August 17

1+ week, 2+ day ago   (368+ words) Updated on: 9 August 2026 12:56 pm Rs 3,000 August payment starts August 17. Verified applicants will receive the instalment. The West Bengal (WB) government launched the Annapurna Scheme, a welfare initiative providing financial support to women. Under this scheme, eligible women receive a monthly…...

Outlook Money
outlookmoney.com > retirement > retirementoci-cardholder-parents-protected-under-senior-citizens-act-citizenship-not-required-says-bombay-high-court

OCI Cardholder Parents Protected Under Senior Citizens Act, Citizenship Not Required, Says Bombay High Court

1+ week, 3+ day ago   (203+ words) The Bombay High Court held that an OCI cardholder who is a “parent” can seek remedies under the Senior Citizens Act, 2007, even without Indian citizenship. The Court clarified that a parent’s protection is independent of age and citizenship. While quashing…...

Outlook Money
outlookmoney.com > personal-finance > independence-day-2026-key-government-backed-financial-schemes-every-indian-should-know-of

Independence Day 2026: Key Government Backed Financial Schemes Every Indian Should Know About

1+ week, 2+ day ago   (394+ words) Financial planning can look different at every stage of life, from managing day-to-day expenses and building an emergency cushion, to protecting family members and preparing for retirement. While people may use different financial products depending on their needs, government-backed schemes…...

Outlook Money
outlookmoney.com > retirement > oci-cardholder-parents-protected-under-senior-citizens-act-citizenship-not-required-days-bombay-high-court

OCI Cardholder Parents Protected Under Senior Citizens Act, Citizenship Not Required, Days Bombay High Court

1+ week, 3+ day ago   (203+ words) The Bombay High Court held that an OCI cardholder who is a “parent” can seek remedies under the Senior Citizens Act, 2007, even without Indian citizenship. The Court clarified that a parent’s protection is independent of age and citizenship. While quashing…...

Outlook Money
outlookmoney.com > retirement > varishtha-pension-bima-yojana-is-it-tax-exempt-for-senior-citizens

Varishtha Pension Bima Yojana: Is It Tax-Exempt For Senior Citizens?

2+ week, 6+ day ago   (247+ words) LIC’s Varishtha Pension Bima Yojana offered guaranteed annuity payouts to senior citizens. The scheme stopped accepting new applications from 2018. The government has said there is no proposal to exempt VPBY from tax. However, the scheme was withdrawn in 2015-16. In January…...

Outlook Money
outlookmoney.com > personal-finance > cyber-fraud-via-mule-bank-account-chandigarh-court-denies-regular-bail-to-account-holder

Cyber Fraud Via Mule Bank Account: Chandigarh Court Denies Regular Bail To Account Holder

3+ week, 12+ min ago   (233+ words) The Chandigarh district court denied regular bail to a man whose bank account was allegedly used as a mule account. Police said the accused allegedly allowed the account to be opened in his name for money. The court held that…...

Outlook Money
outlookmoney.com > retirement > idfc-first-bank-and-indusind-bank-revise-fd-rates-seniors-can-earn-up-to-775-per-cent

IDFC First Bank And IndusInd Bank Revise FD Rates, Seniors Can Earn Up To 7.75 Per Cent

3+ week, 2+ day ago   (438+ words) IDFC First Bank and IndusInd Bank revised fixed deposit (FD) rates this week. Senior citizens can avail of a maximum of 7.75 per cent. The rates are applicable on callable FDs. Two banks, including IDFC First Bank and IndusInd Bank revised…...

Outlook Money
outlookmoney.com > amp > story > retirement > senior-citizens-cannot-be-penalised-for-not-tracking-cases-online-tripura-high-court

Senior Citizens Cannot Be Penalised For Not Tracking Cases Online: Tripura High Court

1+ mon, 1+ week ago   (435+ words) Updated on: 4 July 2026 3:56 pm The Tripura High Court has ruled that senior citizens cannot be penalised for not tracking their cases online. It called such an expectation a travesty of justice, while setting aside lower court orders that dismissed their…...

Outlook Money
outlookmoney.com > amp > story > personal-finance > small-savings-scheme-interest-rates-for-july-september-key-updates-you-should-know

Small Savings Scheme Interest Rates For July-September: Key Updates You Should Know

1+ mon, 2+ week ago   (225+ words) Updated on: 30 June 2026 4:6 pm The government is expected to announce July–September 2026 small savings rates today (June 30, 2026). This is crucial for investors seeking safety amid market volatility. These rates were last tweaked in Q4 2023-24 and currently offer up to 8.2 per cent…...