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Senior Citizen Savings Scheme

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It's Time to Update Army Regiment Names

 The Indian Army still uses old British-era names and recruits soldiers based on caste or region, which hurts national unity, argues Colonel K Thammayya Udupa (retd). Illustrations: Dominic......

'Zero-For-Zero Tariff Is Best Medicine For India'

 'No retaliatory tariffs now. You can retaliate after a few months. Today, there is no need to retaliate because it is a question of long term benefits.' IMAGE: Prime Minister Narendra D Modi makes......

Senior Citizens Savings Scheme just got better

 When the Senior Citizens Savings Scheme as launched in August 2004, one of investors' major grouse was the stiff eligibility norm. Only citizens above the age of 60 years were permitted to invest......

Is the Senior Citizens Savings Scheme good?

 Finance Minister P Chidambaram had announced the launch of a dedicated scheme for senior citizens in his Budget speech and the same has now been initiated. The 'Senior Citizens Savings Scheme' is......

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......

Good news for senior citizens, Savings Scheme deposit limit raised to Rs 30 lakh

 Finance Minister Nirmala Sitharaman on Wednesday proposed to double the deposit limit for Senior Citizen Savings Scheme to Rs 30 lakh and Monthly Income Account Scheme to Rs 9 lakh. Illustration:......

All about senior citizens savings scheme

 Who can applyThe scheme is available for citizens above 60 years of age; however a provision has been put in place for individuals who have crossed 55 years of age. Such individuals may invest......

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