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- The fresh Senior Savings Scheme (SCSS) are a federal government backed offers scheme to possess senior citizens offering an enthusiastic annual rate of interest from 8.5%, paid out monthly.
The following are the characteristics of your post-office Senior citizen Discounts Strategy. The amount spent is actually welcome while the an excellent deduction beneath the old taxation routine, for this reason giving taxation advantages to buyers. Qualified anyone can be purchase a minimum of Rs. step 1,100 to Rs. 30 lakh to own a period of 5 years.
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