Tag: senior citizen savings scheme
Posted in Finance
Senior Citizen Savings Scheme vs Senior Citizens Special FDs: Which offers best returns?
The Reserve Bank of India (RBI) has been raising the repo rate since May 2022, which has led to banks raising their deposit interest rates….
Posted in Finance
Sukanya Samriddhi: PPF, SCSS, Sukanya Samriddhi, other small savings schemes: What happens if an accountholder dies without nominee; govt clarifies
The Finance Bill 2023 has proposed to amend the Government Savings Promotion Act, of 1873 to clarify who will get money if the small savings…
Posted in Economy
Higher investment limit in saving schemes aimed at benefiting senior citizens, middle class: Fin Secy
The decision to raise the investment ceilings in small savings schemes is aimed at benefiting senior citizens and the middle class who park funds in…
Posted in Finance
mahila saman savings scheme: New small savings scheme for women Mahila Samman Saving scheme launched
A new small savings scheme has been announced for women in the Budget. As per the announcement made, Mahila Saman Savings Scheme is being launched…
Posted in Finance
Senior Citizen Savings Scheme’s investment limit increased to Rs 30 lakh: Budget 2023
The maximum investment limit for the Senior Citizen Savings Scheme (SCSS) has been increased from Rs 15 lakh to Rs 30 lakh in Budget 2023….