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How good is the senior citizen savings scheme

The five-year Senior Citizen Savings Scheme (SCSS), which was launched in the second half of 2004, was quite a hit because it offered higher returns. Many investors who invested in the initial time......

Grim news for senior citizens

The Senior Citizen Saving Scheme (SCSS) with its 9% coupon is extremely popular. However, the interest is fully taxable.And though the scheme had been launched in August 2004, it was only in March......

PPF, post office small savings interest rates cut

Millions of small savers and PPF account holders will earn less on their post office savings schemes, with the government deciding to reduce interest rates on them marginally by 0.10 per cent. The......

Govt to slash agents' commission in small savings plans

The government has decided to reduce agents' commission under various small savings schemes and Public Provident Fund to make these investor-centric, Finance Minister P Chidambaram on Thursday......

How to invest smartly before Budget

Are you always at a loss while planning your finances? Are you aware of the investment options available in the market? How best can you plan your finances? What are the crieria for evaluating an......
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  People speak for scss

  • QNA
Q. NABARD Bonds and Senior Citizen Bonds are eligibale for deduction u/s80C
:  A. Section 80C of Income Tax Act, 1961, sets out a number of options or tax-saving instruments that are eligible for tax deduction. Broadly, we can...... more

bapurao raut
Q. From where to get appln. form for SCSS and what are 'certain conditions' for those above 55 but are not Sr.Citizens
Bapurao Raut:  A. to know the answer have you heard about Google online storage services.go more

Chandrashekhar Kirtane
Q. My aunt who have just retired, deposited Rs.15.00 lacs in Senior Citizen Savings Scheme with Post Office a week before, but unfortunately she need money. Could she close the said SCSS a/c, if yes what panelty she has to pay?
Chandrashekhar Kirtane:  A. yes more

  Web results for Scss
10 financial products to help you plan your retirement

Retirement Planning in India is not an easy job at all. Rising inflation numbers, slowing economy growth, love for Gold and of course too many... ...
Consumer Discretionary Stocks Technical Briefing -- Research on Tempur Sealy Intl., Leggett & Platt, Mohawk..

/PRNewswire/ -- On Tuesday, April 08, 2014 , the NASDAQ Composite ended at 4,112.99, up 0.81%, the Dow Jones Industrial Average edged 0.06%... ...
10 Amazing Developer Tools

Today we take a close look at what's in store for PHP coders... Rate this news: (0 Votes) Monday, April 07, 2014: PHP, the server side... ...
No extra interest on PPF, NSC from this fiscal

The government has disappointed a majority of investors by not increasing the interest rates on some of the most popular small savings schemes such... ...
Not for short-term flings

While post office schemes trounce most other fixed income options for the long haul or on tax savings, they fall short as parking ground for your... ...

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