Senior Citizen Savings Scheme (SCSS) – Post Office

Income Tax, Investment and Savings, Senior Citizen Saving Scheme (SCSS), Tax Savings

In Post Office, any individual with age more than 60 years can invest in Senior Citizen Savings Scheme (SCSS). SCSS gives better returns than other investment options. 80C deduction is also available on this deposit. Silent features of this scheme is as follows: From 1st Apr-2015, interest rates is 9.30% per annum. This is highest interest…