Delhi Articles for Senior Citizens

Latest Money, Finance and Taxes for Seniors Articles

2018 Budget Implications for Senior Citizens

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Several tax and related incentives were announced for  people aged 60 and above in 2018 budget. Notable among those are: Savings and Taxesfive-fold increase in the exemption limit on interest income from savings, fixed and recurring deposits[...]

Senior Citizens Policies and Proposals in India Budget 2017

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Income Tax Deposits interest rate of 8% for a fixed deposit for a 10 year period Aadhaar-based smart cards Senior citizens will soon get Aadhaar-based smart cards that will have  their health and other information. The government will fi[...]

Varishtha Pension Bima Yojana VPBY 2017

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Varishtha Pension Bima Yojana 2017 will be implemented through Life Insurance Corporation of India (LIC) during the current financial year.The aim is to provide security to the Senior Citizens of 60 years and above.It will provide an assured pe[...]

Banking Interest Rate for Senior Citizens

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Post demonetization, in order to protect senior citizens from any decline in interest rates, Prime Minister Narendra Modi announced that senior citizens will get a fixed 8 per cent return on 10-year bank deposits of up to Rs 7.5 lakh. Senior[...]

Senior Citizens - Making a will

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After retirement, senior citizens should not transfer all their money to their children and keep 90% of the money secure with themselves as a safety net to reduce chances of abuse. What is a Will It might happen that according to your f[...]