Senior Citizens Savings

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Digital Arrest Scams: What You Must Know

Senior citizens are particularly vulnerable due to their high savings, trust in authorities, and limited familiarity with online frauds. Illustration: Dominic Xavier/Rediff An 82-year-old retired......

SC restrains release of accused in Rs 3.29 cr 'digital arrest' case

In a rare move, the Supreme Court on Monday restrained the courts from releasing from jail the accused who had duped a 72-year-old woman advocate of the apex court of Rs 3.29 crore through 'digital......

Maha police busts India's biggest 'digital arrest' scam, 7 arrested

The Maharashtra police, investigating the country's biggest 'digital arrest' case involving the siphoning of Rs 58 crore, have arrested seven persons linked to the scam, officials said on Friday.......

'You trust UK, not India': SC raps petitioners over Covid data

"You trust the data put out by the United Kingdom but not the figures given by the Indian government," the Supreme Court on Thursday told the petitioners who claimed that authorities reported......

Mumbai: 17 kids held hostage for 3 hrs; captor killed

A three-hour hostage drama in Powai ended successfully on Thursday with the rescue of 17 children and two adults but the hostage-taker Rohit Arya was killed after sustaining a bullet injury during......

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:......

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......

The Family Man Or The Kapoors: What Will You Watch On OTT?

Prepare to stay glued on your television screens all weekend.From India's entry to the Oscars to the foodie flamboyance of Bollywood's first family to Srikant Tiwari's hope for a hat-trick and......

Is Mahavatar Narasimha Worth The Hype?

Even if you are not a Hindu or religious, the underlying message of loving animals and fellow human beings, and to choose love and peace over war is winning hearts, notes Divya Nair. After......