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Easy Tax-Saving Tips for Seniors; Maximizing Savings in Retirement

Securing financial stability post-retirement is a paramount concern, especially when faced with the absence of a fixed income stream. While savings play a crucial role, exploring low-risk investment avenues can help senior citizens maximize returns while minimizing tax liabilities, ensuring a comfortable retirement phase. Here are some essential income tax-saving tips tailored for senior citizens: […]
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Safe Investment Options That Can Help Your Parents Save Tax If They Are Senior Citizens

Safe Investment Options That Can Help Your Parents Save Tax If They Are Senior Citizens
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Rates of RBI Floating Savings Bonds offering 8.05% to be reviewed soon; will it change from January 1, 2024?

The interest rate of RBI Floating Rate Savings Bonds (FRSB) 2020 (Taxable) is linked to the interest rate of the National Savings Scheme (NSC), a small savings scheme offered by the Union government. The bond will pay 0.35% higher than what NSC offers. The interest rate of RBI Floating Rate Savings Bonds is due for revision on January 1, 2024. Will the interest rate of RBI Floating Rate Savings Bonds go up or come down next year? Read here to find out ....

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