Tag: Senior Citizens
Summary of Quarterly Changes in Interest Rates of Small Saving Schemes (KVP, MIS, NSC, PPF, RD, SB, SCSS, SSAS and Term Deposits) from FY 2016-17 to Q3 of FY …
The Government revised interest rates for small saving schemes in Q3 FY 2023-24 (Oct-Dec 2023). Notably, 5 Year Recurring Deposits will now earn 6.7% p.a., up from the previous …
Explore the revised/increased interest rates notified by Government in respect of certain small savings schemes for Q2 of FY 2023-24.
The rates/slabs of normal income tax, surcharge, HEC and AMT along with the basic exemption limit, applicable for resident individuals (AY 2023-24).
Earn higher returns on your investments with the latest interest rates on Small Savings Schemes. Check out the revised rates for Q1 of FY 2023-24 here.
The Goverment has increased interest rates for Small Saving Schemes in Q4 2022-23. Learn which schemes have been affected and how to make the most of them.
Government has clarified certain concerns, relating to the premature closure of SCSS Accounts by banks/post offices, upon death of the SCSS Account holder(s).
CBDT clarifies the issue related to the determination of the status of individual taxpayers as “senior citizens” or “very senior citizens” based on the completion of their age of …
CBDT notifies new IT Rule 12AB relating to additional conditions for mandatory filing of tax return (ITR), by persons referred to in section 139(1)(b).
In light of a technical group’s report that “more than 50% of senior citizens are found active,” the government has decided to create an IT portal called ‘Senior Able …
