Senior Citizen Savings Scheme, Fixed Deposits in Post Office are More Attractive After Union Budget 2025
Introduction There is good news for seniors in the Union Budget 2025, especially those who depend on fixed-income programs like the SCSS. Changing the Tax Deducted at Source (TDS) policy, the government has raised the TDS exemption ceiling for older folks from ₹50,000 to ₹1 lakh on interest income. Effective from April 1, 2025, this …