Senior Citizen Saving Scheme (SCSS) Archives

Interest Rates of Small Saving Schemes to be recalibrated w.e.f. 1.4.2016 on a Quarterly Basis to align the small saving interest rates with the market rates of the relevant Government securities

Investment and Savings, Kivas Vikas Patra (KVP), NSC, Public Provident Fund (PPF), Senior Citizen Saving Scheme (SCSS), Sukanya Samriddhi Account (SSA)By Himanshi February 17, 2016

Interest rate on savings schemes based on laudable Social Development or Social Security Goals including Sukanya Samriddhi Yojana, the Senior Citizen Savings Scheme and the Monthly Income Scheme left untouched by the Government. The National Savings Schemes (NSSs) regulated by the Ministry of Finance offer complete security of investment combined with high attractive returns.…

Senior Citizen Savings Scheme (SCSS) – Post Office

Income Tax, Investment and Savings, Senior Citizen Saving Scheme (SCSS), Tax SavingsBy Himanshi April 5, 2015

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…

Sukanya Samriddhi Account and SCSS to earn more. PPF interest rate unchanged for FY 2015-16

Investment and Savings, Provident Fund (PF), Public Provident Fund (PPF), Senior Citizen Saving Scheme (SCSS), Sukanya Samriddhi Account (SSA)By Himanshi April 1, 2015

On 31st Mar, Govt. through press release has announced following interest rates for different savings scheme for F.Y. 2015-16. Interest rate for Sukanya Samriddhi Account and Senior Citizen Saving Scheme has been increased marginally. Whereas for PPF and other, there is no change. Scheme Rate of interest for F.Y. 2014-15 Rate of interest for F.Y.…