SCSS
4 articles tagged SCSS.
NRI Senior Parents in India Tax Planning 2026: 80D, 80DDB, 80TTB, Gift + Clubbing Rules
An NRI son in Dubai pays ₹60,000 premium for his Bangalore parents' health insurance, sends ₹50,000 monthly maintenance, and worries about whether his parents' SCSS investment counts when they are 65+ and his sister files Power of Attorney. The 2026 master playbook: Sec 80D for senior parents premium, Sec 80DDB chronic illness, Sec 80TTB senior interest deduction post-Apr-2025, gift rules without clubbing, and which schemes only Indian-resident parents can hold.
SCSS vs POMIS vs RBI Floating Rate Bond 2026: Senior Fixed Income Compared
A retired Indian with ₹1 crore of safe capital needs more than SCSS — the cap is ₹30L per person. SCSS + POMIS + RBI Floating Rate Bond together = ₹67K/month sovereign income.
SCSS at 8.2% in Q1 FY26: The ₹30L (Couple ₹60L) Senior Income Strategy
SCSS pays 8.2% in Q1 FY26 — a senior couple can park ₹60L and pull ₹41K/month of fully PSU-backed quarterly interest. The honest math, tax, and deployment strategy.
Best Senior Citizen Fixed Deposit Rates India 2026: Extra 0.5% Advantage
Senior citizens (aged 60 and above) get an extra 0.25%–0.75% interest rate on fixed deposits compared to general investors, on top of already competitive bank rates. In June 2026, senior citizens can earn up to 8.6% at small finance banks. This guide compares the best rates, explains the enhanced TDS threshold, Form 15H, Section 80TTB deduction, and whether FDs or SCSS are better for senior income.