The Indian government plans to introduce annual and lifetime toll passes for private car owners. These passes will allow motorists unlimited access to toll plazas on national highways and expressways. The proposal aims to provide an annual toll pass for a one-time payment of Rs. 3,000, eliminating the need for regular FASTag recharges. This will … Read more
In today’s world, many people are falling ill regardless of their age due to lifestyle choices and food habits. This increase in health issues has led to rising medical expenses, creating financial difficulties for many. While numerous individuals invest in medical insurance, they often struggle to benefit from their policies fully. It’s a common issue. … Read more
Buying land or a house is one of the most significant investments a person can make. However, unregistered properties are not legally recognized, which can lead to complications. Property registration in India is governed by various laws, including the Indian Registration Act of 1908 and the Indian Stamp Act of 1889. These laws aim to … Read more
Tax Benefits for Senior Citizens: Retirement brings both benefits and challenges. If you spend your retirement benefits extravagantly, you may face difficulties in the future. To live comfortably after retirement, it is important to save and invest wisely. Effective financial planning is essential for a worry-free and stress-free retirement. A key factor in financial planning … Read more
Fixed deposits (FDs) are a safe investment option, especially now. Many senior citizens are interested in them, but knowing which bank offers the highest interest rates is essential. Let’s explore which banks currently provide the best interest rates for a 3-year fixed deposit. While other investment avenues like shares and mutual funds can grow your … Read more
On World Senior Citizens Day, let’s explore some investment options that offer financial security to senior citizens. These investment schemes can provide a steady income during retirement, ensuring a smooth financial life for seniors. If you have senior citizens, consider investing in one of these four schemes in their name. Senior Citizen Bank Deposits: Most … Read more
The Union Government, led by Prime Minister Narendra Modi, has expanded the scope of the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana to include senior citizens. Under this scheme, senior citizens over 70 can obtain an Ayushman card irrespective of their income group. With the Ayushman card, senior citizens can rest assured that they can … Read more
Great news for those interested in making bank deposits! Here are the top 7 banks offering the highest interest rates. A three-year term deposit scheme offering an impressive 9.5% interest rate is available to senior citizens. Let’s take a look at the list of these banks. Many retired individuals keep some of their savings in … Read more
A message circulating on social media claims that as India commemorates 75 years of its Independence, senior citizens above 75 years of age will no longer have to pay taxes. The Income Tax Department has clarified that the above news circulating on social media is entirely false. Therefore, it has advised everyone not to believe … Read more
In today’s fast-paced world, convenience and ease of access to your finances are essential. That’s where SBI Salary Accounts come in. SBI, India’s largest bank, offers a variety of salary account packages designed to meet the needs of different sectors, including government employees, corporate employees, and defense personnel. Generally everyone has accounts in different banks. … Read more