3+ day, 3+ hour ago  (428+ words) Many pensioners may think that income tax filing becomes optional after retirement, especially if they are no longer receiving a salary income. However, pension income remains taxable in most cases, and senior citizens are still required to file an Income…...

1+ week, 3+ day ago  (276+ words) Mint You can earn up to "69, 000 monthly income from "1 crore FD in small finance banks. Here's how Small finance bank FDs can help deliver attractive monthly income on "1 crore deposits, with senior citizens earning higher returns through competitive fixed deposit…...

1+ week, 5+ day ago  (714+ words) The Senior Citizens' Savings Scheme (SCSS) is a government-backed investment option designed for individuals aged 60 years and above that provides quarterly interest payments at a predetermined rate, along with capital safety. It also offers higher interest rates than most fixed…...

1+ week, 6+ day ago  (561+ words) The Senior Citizens Savings Scheme (SCSS) remains one of the most popular fixed-income investment options for retirees due to its government backing, regular quarterly payouts and higher interest rates than most FDs. The scheme comes with an initial maturity period…...

2+ week, 2+ day ago  (720+ words) The Senior Citizens Savings Scheme (SCSS) is available to resident Indians who meet the prescribed age and retirement conditions. Any individual who is 60 years of age or older can open an SCSS account and invest in this government-backed savings scheme....

3+ week, 6+ day ago  (542+ words) From April 1, 2026, filing taxes just got easier for elderly taxpayers! With the introduction and expansion of Form 125, senior citizens, eligible individuals can now entirely avoid filing ITR. The form is designed to reduce compliance hassles by shifting much of the…...

1+ mon, 3+ day ago  (604+ words) As the ITR filing season for AY 2026-27 approaches, not all super senior citizens (those aged 80 and above) are required to file an income tax return. The Income Tax Act, 1961, provides a limited exemption under Section 194 P, but only if the…...

1+ mon, 1+ week ago  (594+ words) The Reserve Bank of India (RBI) has proposed a set of changes aimed at curbing the sharp rise in online frauds. While these safeguards may slightly slow down digital payments, they are intended to make transactions safer. In a discussion…...

1+ mon, 2+ week ago  (604+ words) As per the Income Tax Act, 1961, bank depositors had to submit Form 15 G/Form 15 H to the bank to avoid Tax Deducted at Source (TDS). Some depositors were confused about which of the two forms applied to them. Senior citizens…...

2+ mon, 2+ day ago  (757+ words) It is important to understand that a Senior Citizen Medical Insurance Policy (a. k. a. , medical insurance designed for seniors) is significantly different from traditional forms of health coverage. Senior citizen health insurance can be provided in several different types of policies: Individual…...