WebMay 13, 2024 · The Senior Citizens’ Saving Scheme (SCSS) is a post office saving scheme that provides tax benefits to senior citizens. The Indian government launched this scheme in 2009 to encourage senior citizens to save for their old age. You can open an SCSS account in any branch of any authorized bank or any branch of the postal department. WebApr 14, 2024 · The government of India offers the Senior Citizens' Savings Scheme (SCSS) that assists senior citizens in saving for retirement and receiving quarterly interest …

Post Office Senior Citizens Saving Scheme SCSS - YouTube

WebSenior Citizen Savings Scheme SCSS is among the most preferred investment schemes for senior citizens. The current interest rate offered on SCSS scheme is 8.20% p.a. . Also, the … WebApr 3, 2024 · Senior Citizen Saving Scheme (SCSS) is an important post office scheme for senior citizens which provide extra interest rate and enables them to save Income Tax. … simple past frases afirmativas

Senior Citizen Saving Scheme (SCSS) - Tax2win

Web5 hours ago · The Senior Citizen Savings Scheme (SCSS) is one of the most popular schemes offered by the Department of Posts, especially meant for investors above the age of 60 years. WebApr 15, 2024 · Senior Citizen Savings Scheme is a post office savings scheme for the senior citizens in India. It allows you to invest a lump-sum amount of upto Rs.15 lakhs with a lock-in-period of 5 years. The interest payouts are done quarterly to ensure regular income in the hands of the senior citizens. WebJan 2, 2024 · A senior citizen savings scheme is a government scheme that helps the senior to save money for retirement and receive the quarterly interest payment. The interest rate of the scheme is regulated by the Ministry of Finance. The current interest rate applicable for the first quarter (April-June) of FY 2024-23 is 7.4% p.a. patrick gmur credit suisse