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The government has revised rates of interest on various Small Savings Scheme for the third quarter of the financial year 2022-2 starting from 1st October, 2022 and ending on 31st December, 2022.
Recently, the government came across some malpractices in the pre-closure of the Senior Citizens’ Savings Scheme accounts by the operating agencies.
Updated Apr 14, 2021 | 06:05 IST Senior Citizen Savings Scheme is offering an interest rate of 7.4% which is higher than rates being offered by banks to seniors on fixed deposits Options for seniors as FDs lose sheen with negative real interest rate | Photo Credit: Thinkstock At a time when interest rates offered on fixed income assets are at historic low levels, investors especially those who rely on interest income are left in the lurch. On top of that rising inflation levels cut into whatever little meagre returns are earned on fixed deposits etc. Real ...
Updated Feb 27, 2021 | 05:58 IST Section 80C of the Income Tax Act includes various investments and expenses you can claim deductions on – up to the limit of Rs. 1.5 lakh in a financial year 5 tax saving schemes with guaranteed returns up to 7.6% New Delhi: Tax planning is extremely important and the best time to start planning your tax-saving investments is at the beginning of the financial year. Most taxpayers procrastinate till the last quarter of the year, resulting in hurried decisions. Instead, if you plan at the start of the year, your investments can comp...