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senior citizen tax saving scheme

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what is senior citizen tax saving scheme,. how can save in this scheme, tax dealing, rebate.
Replies (6)
this is tax saving & 5 year inv scheme thr po & banks, Int is 8.4%. - 8.5%
tax rebate u/80-C up to 1.5 L allowed
The scheme name is Senior Citizen Savings Scheme. interest is paid quarterly but it subject to TDS provisions. interest is taxable.
good clarification and information
after maturity the above said amount is taxable or not
principal is not taxable

but Int. taxable annually pl
ok sir thanks j


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