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What is Senior Citizens’ Savings Scheme?

June 20, 2021 Wealth, Wealth-Economic Times

Senior Citizen Savings Scheme is a government-backed scheme. The current interest rate applicable to SCSS is 7.4%. Tax benefits under Section 80C are available but interest is fully taxable.

from Wealth-Economic Times https://economictimes.indiatimes.com/wealth/invest/what-is-senior-citizens-savings-scheme/articleshow/83662029.cms

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