Page 2 - Senior Citizens

InvAscent invests Rs 110 cr in integrated geriatric care provider Geri Care

Geri Care intends to utilise the funds to expand its services across key cities in southern India, including Bengaluru, Hyderabad, Kochi, and Coimbatore

60 mn citizens aged 70 and above included under Ayushman Bharat: Nadda

Ayushman Bharat' has brought 6 crore citizens aged 70 and above under it, and the Centre's flagship health insurance programme now covers over 45 per cent of India's population, Union Health Minister JP Nadda said here Saturday. The Union Cabinet in October last year approved health coverage to all citizens aged 70 years and above irrespective of income under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana' (AB PM-JAY). Under Modi 3.0, we have added 6 crore people above 70 under Ayushman Bharat. Now, more than 62 crore people, or over 45 per cent of India's population, are covered, not in health insurance but under a health assurance' scheme with an annual coverage of Rs 5 lakh, he said. Speaking at the 'IIMA Healthcare Summit 2025' organised at the Indian Institute of Management Ahmedabad, he called the scheme a game changer and said it has benefited more than 4.2 crore citizens. These are poor people rickshaw pullers, street vendors, bus drivers, conductors, lift men, secur

State Bank of India unveils two new schemes to boost deposit mobilisation

The first is 'Har Ghar Lakhpati,' a pre-calculated recurring deposit (RD) scheme designed to help customers accumulate Rs 1,00,000

Antarctica, North Pole: India's senior citizens take to extreme travels

For KareVoyage, a travel platform that caters to the needs of travellers over 50, senior citizen travel is growing 17 per cent year-on-year

Silver lining: Hotels providing customised deals to senior citizens

From specialised senior-friendly tours to redesigned hotel amenities, the industry is becoming increasingly attuned to the unique requirements of elderly travellers

Silver lining: How senior living market is redefining retirement in India

The first of a four-part series on the silver economy focuses on luxury housing projects developed with seniors in mind

Ahead of Delhi polls, Kejriwal announces free treatment for senior citizens

Ahead of the 2025 Delhi elections, Arvind Kejriwal announces free treatment for those aged 60 years and above under the Sanjeevani Yojana if AAP retains power

2.5 mn senior citizens above 70 years enrol for Ayushman Card Scheme

The Ayushman Bharat Pradhan Mantri Jan Arogya Yojana provides free medical treatment of up to Rs 5 lakh

Senior housing boom: South Indian cities drive 60% of market growth

South India is emerging as the hub for living projects for the older population, accounting for 60 per cent of total market share, north Indian cities comprise just 20 per cent, the west holds 16 per

Senior living homes, air purifiers, stocks: Top personal finance stories

This week we report about why you must invest in a senior living home and how premium air purifiers help at home

Best fixed deposit schemes for senior citizens explained in one table

Terms and conditions of more than a dozen lenders put together for your convenience

Senior living company Primus announces raising $20 mn in seed funding

Firm will use financing to develop platform offering range of services for the elderly at their homes

Highest FD Rates for Senior Citizens in 2024: Maximise Your Investment

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Health cover for all above 70 to bring relief to millions: Industry players

The government's move to provide health coverage to all persons aged 70 years and above will bring much-needed relief to millions of families and is a significant milestone in providing essential healthcare services to the elderly, industry players said on Thursday. The Union Cabinet had on Wednesday approved health coverage to all persons aged 70 years and above under the Ayushman Bharat Pradhan Mantri Jan Arogya Yojana (AB PM-JAY) irrespective of their income, benefiting around six crore senior citizens. The Rs 5 lakh free health insurance cover would benefit senior citizens of around 4.5 crore families. Reacting to the announcement, Healthcare industry body NATHEALTH President Abhay Soi said, "We believe this initiative will bring much-needed relief to millions of families and strengthen India's position as a leader in inclusive healthcare". The benefit package needs to be tailored to the population segment so that it encompasses the entire continuum of care, he said, adding th

Japan's new norm of working into your 70s may spread to rest of world soon

To coax companies to keep elderly people employed, the government is already providing subsidies to firms employing those aged 65 and older

Post-Covid, senior citizens lead 204% surge in Mumbai property: Report

The 61-and-above age cohort has emerged as the fastest-growing segment, surpassing all other age groups in market share growth

What is the co-pay option in senior citizen health insurance

Health policies with copayment provisions tend to be more affordable since they lessen the insurer's responsibility by splitting losses between the insured and the insurer

Senior citizen tax benefits: Pension, deductions, Income Tax slabs

Senior citizens have higher deduction limits and exemption benefits than younger taxpayers

Tax filing by senior citizens: Check Form 26AS, AIS, claim TDS refund

Many seniors mistakenly believe they need not file returns if tax is deducted at source (TDS) on income received. This is incorrect

Extend your SCSS account's maturity period even after it has expired

The SCSS is a government-backed scheme, ensuring the safety of the invested funds and a guaranteed return on investment