Tax Implications of Senior Citizen Savings Scheme (SCSS)
Interest on SCSS is taxable as per the tax slab applicable to the person. In case the interest amount earned is more than Rs. 50,000 for a fiscal, Tax Deducted at Source (TDS) is applicable to the interest earned.20-Sep-2021
Maximum Investment Amount: Rs. 15 Lakh or the amount received on retirement, wh...
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