News
Income tax return 2026: Who can avoid ITR filing? Form 125 for senior citizens explained
2+ week, 6+ day ago (386+ words) Income Tax Return Filing 2026: Learn who can avoid ITR filing under new rules. Understand Form 125 for senior citizens aged 75+, eligibility, conditions, and how banks handle TDS. The purpose of Form No. 125 is to provide relief to specified senior citizens from…...
Senior citizen fixed deposit interest rates in April 2026: Check returns on 5year FDs at 8 banks
1+ mon, 1+ week ago (381+ words) In the latest RBI monetary policy outcome announced on April 8, 2026, the apex banker has held the repo rate steady. Senior citizens, being conservative investors, often park their idle funds in bank deposits to reap safe and decent returns. As a…...
Retirement savings at risk: How "digital arrest" scams are targeting senior citizens
1+ mon, 2+ week ago (193+ words) Avoid keeping all your savings in one place. Use accounts with strong online security measures and two-factor authentication. | Image: Shutterstock. Interestingly, an autorickshaw driver was arrested for allowing his bank account to be used as a conduit for the stolen…...
Post Office Time Deposit interest rate April-June 2026 declared: Better than SBI, HDFC, ICICI?
1+ mon, 2+ week ago (305+ words) Post Office Time Deposit interest rate for April-June 2026 announced. | Image source: Shutterstock The ministry decided to keep the interest rates unchanged, once again. This means you can book a time deposit, or fixed deposit, at a post office and earn…...
Senior Citizen Savings Scheme (SCSS) interest rate April-June 2026: What will fresh deposits earn?
1+ mon, 2+ week ago (440+ words) Small savings schemes like can SCSS track the yields of G-secs of comparable maturities in the secondary market, according to the recommendations of the Shyamala Gopinath Committee. SCSS interest rate for April-June 2026 has been announced. | Image source: Shutterstock The Finance…...
No more Form 15 H for senior citizens from April 1, 2026. Avoid TDS with Form 121; details here
1+ mon, 2+ week ago (498+ words) Form 15 H has been replaced by Form 121 under new Income tax Rules. | Image source: Shutterstock Senior citizens planning to avoid TDS on income below the basic exemption limit will no longer need to fill Form 15 H from tax year 2026-27, starting…...
Over 1 lakh pension complaints in 2025: Guide for senior citizens to lodge complaints online
2+ mon, 6+ day ago (297+ words) The CPENGRAMS portal allows pensioners to register complaints, track progress, and seek redressal for issues ranging from delayed payments to incorrect calculations. Data from CPENGRAMS shows a rising trend in pension grievances over the past three years. | Image: Shutterstock. Over…...
Advance tax deadline nears: What salaried taxpayers, freelancers, and senior citizens should know
2+ mon, 1+ week ago (481+ words) Advance tax payment due date for FY 2025-26 is near. | Image source: Shutterstock Advance tax is also known as a 'pay as you earn tax' because it enables taxpayers to pay tax as they receive income. Here's everything salaried taxpayers, freelancers,…...
How senior citizens can track, reinvest, and close SCSS accounts without visiting a post office
3+ mon, 1+ week ago (322+ words) Stay updated with the latest news and updates. Allow notifications to never miss important information. Senior citizens can now invest, close, and extend Senior Citizen Savings Scheme (SCSS) accounts digitally through the Department of Posts internet banking portal. SCSS is…...
Who pays how much tax in FY 2026-27? Slabs, rates and surcharge for salaried, senior and super senior citizens
3+ mon, 1+ week ago (270+ words) The new regime has become increasingly popular, particularly among salaried individuals, as it offers a higher tax-free threshold and simpler calculations. | Image: Shutterstock For Financial Year (FY) 202627, salaried taxpayers, senior citizen, and super senior citizen continue to have the option…...