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How senior citizens can maximise income tax benefits under SCSS
21+ hour, 2+ min ago (359+ words) Learn how senior citizens can maximise tax benefits under the Senior Citizens Savings Scheme (SCSS) through smart investment planning, Section 80 C deductions, and Section 80 TTB benefits. Senior Citizens Savings Scheme or SCSS is a small savings scheme exclusively available to…...
TDS on residential rent paid by companies: 2% vs 10% rule explained
19+ hour, 34+ min ago (226+ words) Confused about TDS on residential rent paid by companies? Know whether 2% or 10% TDS applies when firms lease apartments for employees or visiting officers under Income-tax rules. There are two different provisions under the income tax laws requiring the tenant to…...
Savings account interest rates for senior citizens in May 2026: SBI, HDFC, Post Office, PNB, others compared
1+ day, 13+ hour ago (365+ words) Banks in India are required to compute interest on a daily closing basis, nonetheless the final discretion in respect of interest rates lies with the bank. Post Office savings account fetches 4% rate of interest per annum. | Image: Shutterstock Banks in…...
ITR filing for pensioners AY 2026-27: Which forms, deductions and tax rules apply?
5+ day, 13+ hour ago (542+ words) Most retired salaried individuals can use ITR-1. | Image: Shutterstock. For Assessment Year 2026-27, pensioners can choose between multiple ITR forms depending on their income sources. Senior citizens also continue to get several tax benefits, including higher deductions on interest income, medical…...
Silver Rate Today, May 21: What is the price of 1 kg 999 silver in your city?
6+ day, 13+ hour ago (305+ words) In May, silver has posted wild swings, with prices climbing from "2. 55 lakhs in early May to the month's high of "3. 1 lakh. | Image: Shutterstock Silver prices continued to show high volatility with prices rising on Thursday (May 21, 2026). As per Goodreturns. in,…...
Income tax return 2026: Who can avoid ITR filing? Form 125 for senior citizens explained
4+ week, 21+ hour 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, 2+ 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, 3+ 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, 3+ 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, 3+ 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…...