rediff.com

NewsApp (Free)

Read news as it happens
Download NewsApp

Available on  

Rediff News  All News 

Senior Citizen Savings Scheme

Rediff.com  »  News  »   Senior Citizen Savings Scheme

  News for Senior Citizen Savings Scheme

  • News
  • Business
  • Sports

Ashok Gehlot: Gandhian with a pro-poor image

In Rajasthan, it’s Ashok Gehlot versus Vasundhara Raje. Gehlot is gunning for third term as chief minister. He has been in Lok Sabha for five terms and has been a Union minister too, but it......

Will Hassan Rowhani change Iran's equations with the world?

While one is not anticipating a sea change in Iranian politics, in Hassan Rowhani, Iran may have found a President who will, at the very least, be less verbally aggressive than the outgoing Mahmoud......

TEXT: President Patil's last address to Parliament

President Pratibha Patil on Monday addressed Parliament for the last time as President when she flagged off the Budget session. Here's the text of her speechHonourable Members I welcome you to this......

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......

Centre raises tax exemption limit for senior citiz

The government has increased the tax exemption limit under the Senior Citizen Savings Scheme, 2004, to Rs 10,000 from Rs 5,000. Now, no tax will be deducted at source on interest payments, which do......

Senior citizens unhappy with Budget

Senior citizens have welcomed the new reverse mortgage scheme in the Union Budget, but they are most troubled by the tax burden.The Senior Citizens' Savings Scheme 2004 offers 9 per cent rate of......

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......

Inflation-linked savings plan for senior citizens

The Centre is understood to be planning an inflation-linked savings scheme for senior citizens as part of its common minimum programme.According to sources, the proposal is at a preliminary stage.......

Dhoni banking on seniors in Asia Cup

Captain Mahendra Singh Dhoni believes India's senior players will play to their potential in the Asia Cup, starting in Dambulla on Tuesday, after being allowed some much-needed rest. Speaking at......

  People speak for senior citizen savings scheme

  • QNA
mr c
Q. The Govt. proposal to decrease the senior citizen post office savings scheme interest from 9% to 8.7% and the PPF interest increase from 8% to 8.2% in these times of double digit inflation rate ranging between 15 to 20% shows their complete insensitivity to the senior citizens and the middle class. These interest rates must be substantially increased to atleast 12-13%. Will the Government of India please do the needful. If required the Govt. can put a ceiling on the total investment in these schemes to the extent of 30 or 40 lakhs.
Mr C:  A.  more

http://qna.rediff.com/questions-and-answers/the-govt.-proposal-to-decrease-the-senior-citizen-post-offic/21110712/answers/

mr c
Q. we are senior citizen ( wife and Husband) and wish to invest 15 lakhs with a desire to get 20% return in 1st year -please suggest -thanks
Mr C:  A. Invest in LIC Market plus and senior citizen\'s saving scheme in Post Office ! more

http://qna.rediff.com/questions-and-answers/we-are-senior-citizen--wife-and-husband-and-wish-to-invest-1/21110712/answers/17622788

swarajyabhatia swarajyabhatia
Q. sir i have Rs.14 lacs and i wanted to invest in debt funds (for safety) and i cannnot say exactly about the period of investment minimum 2 to 3 years atleaset at present post office senior citizens scheme is giving 9% assured (my mother and father both are senior citizens). can u suggest me how to invest my money
Swarajyabhatia Swarajyabhatia:  A. You can chose MIPs/FMPs/Gilt funds for MF................Post office savings can be good choice............ more

http://qna.rediff.com/questions-and-answers/sir-i-have-rs.14-lacs-and-i-wanted-to-invest-in-debt-funds-f/17622527/answers/17555761

bharavi kadiyala
Q. i want to invest Rs. 4.00 lacs to generate a monthly income. what are the options
Bharavi Kadiyala:  A. I shall always advice you to go for a BALANCED investment at any point in life....U sh split that amount as per your choice and need ......and...... more

http://qna.rediff.com/questions-and-answers/i-want-to-invest-rs.-4.00-lacs-to-generate-a-monthly-income./17555016/answers/17260736

  Web results for Senior Citizen Savings Scheme
FM will have a golden moment to end financial repression

As I sit down to write this, a letter comes to my desk. Handwritten by a 90-year-old man, the letter seeks help from Mint 's insurance expert in... ...

http://www.livemint.com/Money/fEPQKt3T3ripxCsszTI2fN/FM-will-have-a-golden-moment-to-end-financial-repression.html
Man held for postal fraud worth over Rs 91 lakh

The Mahim police has booked a Postal Savings Scheme agent and his brother-in-law for duping six investors collectively to the tune of Rs 91 lakh... ...

http://www.asianage.com/mumbai/man-held-postal-fraud-worth-over-rs-91-lakh-819
Group health insurance premiums might go up

If you are under an employer-provided health insurance scheme, you might have seen a reduction in the coverage. Either you're being asked to share... ...

http://www.sify.com/finance/group-health-insurance-premiums-might-go-up-news-default-olycKJjgidiaa.html
Kisan Vikas Patra back as safe haven for savings

While Kisan Vikas Patra promises to double the investment amount in 100 months, its interest rate works out to about 8.5 per cent annually.... ...

http://www.financialexpress.com/article/personal-finance/kisan-vikas-patra-back-as-safe-haven-for-savings/
Do you know how much money government foregoes by giving tax

As per the budget document, the government of India compiles the data about the taxes which are foregone on account of incentive schemes given... ...

http://www.caclubindia.com/forum/do-you-know-how-much-money-government-foregoes-by-giving-tax-312229.asp

Related Tags


  1. gujarat
  2. bjp
  3. india
  4. lok sabha
  5. supreme court
  6. upa
  7. bharatiya janata party
  8. congress
  9. new delhi
  10. united progressive alliance
  11. ahmedabad
  12. sonia gandhi
  13. nda
  14. rahul gandhi
  15. rajnath singh
  16. nitin gadkari
  17. delhi
  18. manmohan singh
  19. bihar
  20. national democratic alliance
  21. jd-u
  22. nitish kumar
  23. rashtriya swayamsevak sangh
  24. uttar pradesh
  25. photo
  26. advani
  27. central bureau of investigation
  28. rss
  29. janata dal-united
  30. ips

Top Coverage News


Coming to India and making

Success in manufacturing is not just about being cheap - cheap labour, cheap land, cheap power...
Broswe by: A B C D E F G H I J K L M N O P Q R S T U V W X Y Z