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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......

5 changes that will impact your finances in 2015-16

Higher charges for bank account-holders and increase in insurance premiums will be things to watch out for. A new financial year is typically the time a lot of financial changes, either regulatory......

How much you will earn from Sukanya Samriddhi, PPF

Investments in Sukanya Samriddhi Account, the special deposit scheme for girl child, will earn higher interest rate of 9.2 per cent, while the rate on popular tax saving Public Provident Fund has......

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......
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SCSS is a win-win for senior citizens

At a time when interest rates are on a downward spiral, any interest rate of above nine per cent is considered to be beneficial, especially for... ...

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