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Senior Citizens Savings Scheme vs Bank FDs: Interest rates, tax benefits, and deposit limits compared
Credit: IndiaTimes- Published on May 2, 2024
Senior citizens receive advantageous interest rates on bank fixed deposits. The Senior Citizens Savings Scheme (SCSS) and FDs offer unique benefits and tax advantages. ET's detailed comparison helps in understanding the eligibility, tax benefits, interest rates, deposit limits, and TDS implications.
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