Page 4 - Senior Citizens

Postal ballot voting: Eligibility and process for Lok Sabha elections 2024

Everything you need to know about voting by mail ahead of the 2024 general elections and state Assembly polls

What are the key features of the Senior Citizen Savings Scheme (SCSS)?

Unlocking financial security: Exploring the senior citizen savings scheme (SCSS)

Tax reforms, reskilling of elderly needed in senior care: NITI Aayog

Protection of elderly from financial frauds needs to be ensured, says NITI

Year ender 2023: 10 important regulatory changes that took place in India

2023 was a busy year for regulators like the Reserve Bank of India and the Securities and Exchange Board of India. Here are the 10 key changes on the regulatory front

Now, senior citizens can enjoy high and guaranteed returns for long term

Since there are penalties for premature withdrawal, take liquidity needs into account

7 key changes to Senior Citizen's Savings Scheme: All you need to know

The Senior Citizen's Savings Scheme (SCSS), designed for individuals aged 60 years or employees above 55 years of age and below 60 years of age, offers 8.2 per cent interest per annum

Govt relaxes norms for small savings schemes: Check details here

The Senior Citizen's Savings Scheme now allows three months to open an account, up from the current one month. Additionally, changes have been made to the premature closure rules for PPF accounts

Savings schemes for senior citizens: Check interest, benefits, more

The savings scheme for senior citizens is a government-backed scheme which ensures regular money flow post-retirement. The scheme gives guaranteed returns every quarter to senior citizens

Rajasthan assembly polls: 80-plus voters allowed to cast ballot from home

In a first-of-its-kind move, people above 80 years of age and persons with more than 40 per cent disability will be able to vote from their home, the Election Commission said on Monday. More than 18.05 lakh voters will be able to get this facility as an option in the assembly poll due later this year. The Model Code of Conduct has come into force in Rajasthan, as has a ban on transfers of officers and employees. "With the announcement of the election schedule by the Election Commission, the Model Code of Conduct has also come into force in the state with immediate effect," Chief Electoral Officer Praveen Gupta said Monday. In case of emergency, the state government will be able to transfer officers and employees only after obtaining approval from the Election Commission. Voting for all 200 seats in the state will be held on November 23 and counting of votes will take place on December 3, Gupta said. A total of more than 5.27 crore voters in the state will be able to exercise thei

Railways to introduce ramps for wheelchair users, elderly passengers

Indian Railways is going to introduce ramps in trains for the convenience of wheelchair users and senior citizens, Railway Minister Ashwini Vaishnaw said on Saturday. Releasing the pictures of the newly designed ramps, Vaishnaw told reporters that these have been used at the Chennai railway station and found to be helpful for passengers who require a ramp. "We will start its use in Vande Bharat trains very soon and later, in all other trains," the minister said, adding that a system is being worked out to let passengers raise a need for a wheelchair at the time of booking tickets. "An alert can be generated and passed on to the respective railway stations for keeping a ramp ready for such passengers," he added. The ramp can be easily placed at train doors and because of its width and low gradient, wheelchair users will find it easy to use it, the minister said. Vaishnaw also said that during its trial, feedback received from passengers was extremely positive and encouraging.

5 effective ways of earning money online for senior citizens, details below

Earning after retirement has become a lot easier nowadays as there are plenty of ways to earn money. Here are the 5 effective ways of earning money online for senior citizens

Small saving schemes: Highest interest rate is 8.2 per cent. Details here

If you are investing for specific long-term goals, such as your children's education or marriage, small savings schemes may be the ideal option. Fixed deposits are better suited for short-term goals

World Senior Citizens Day 2023: History, Importance, Motive and Wishes

World Senior Citizens Day is commemorated on August 21 to respect the contributions of older people, honour them, and address the challenges they face in the society

Investing in a retirement home that gives elders care and company

The facility should be designed considering the needs of seniors and be secure for them

Senior citizen saving scheme vs bank FD: What is the right strategy for you

senior citizens with an investment horizon of 5 years, who are seeking regular income at quarterly intervals and/or wishing to save tax under Section 80C would find SCSS more attractive than bank FDs

Senior citizens scheme sees investment of over Rs 10,000 crore in April

The interest rate for SCSS was increased to 8.2% from 8%, and that of the monthly income scheme was increased to 7.4% from 7.1%

SC rejects plea to restore railway fare concessions for senior citizens

The Supreme Court on Friday dismissed a petition seeking restoration of the concessions in train fare that was offered to senior citizens by the railways before the Covid outbreak, saying since it's a matter of state policy it will not be appropriate for the court to issue a direction to the government. A bench of Justices SK Kaul and Ahsanuddin Amanullah was hearing a plea filed by MK Balakrishnan for restoration of the concessions that was discontinued in order to stem the spread of the disease. "It would not be appropriate for this court to issue a writ of mandamus in a petition under Article 32 of the Constitution. It is for the government to take a call on the issue keeping in mind the needs of the senior citizens and the fiscal repercussions. Dismissed," the bench said, rejecting the petitioner's contention that the state has an obligation to grant concessions to the elderly. The Centre had in 2020 discontinued the concessions granted to senior citizens to discourage the ...

Benefits of technology should be made available to senior citizens: HC

The Bombay High Court has said that the Brihanmumbai Municipal Corporation (BMC) should ensure that benefits of modern technology are made available to the public, especially senior citizens, to make commuting in the city "easier and more comfortable". A division bench of Justices G S Kulkarni and R N Laddha was hearing a public interest litigation (PIL) about the non-availability of a foot-over-bridge (FOB) connecting Bandra (East) railway station with the Maharashtra Housing and Area Development Authority (MHADA) office-end. Disposing of the PIL on Monday, the court said the BMC should consider whether a part of the sky-walk can be a mechanized walkway so that it becomes useful to senior citizens and persons with disabilities. "The Central and Western Railways as also the Metro Rail have provided such mechanisms at several railway stations including escalators," the court said. Benefits of modern technology should be made available to commuters to make their commuting life in ..

Current Covid variants mild, senior citizens can take booster dose: SII CEO

He further stated that Covovax is also being provided in the United States of America and Europe

Age just a number: Central Kashmir hosts sports event for senior citizens

Hundreds of senior citizens -- both men and women -- participated in events including Kabaddi, Tug of War, Chess, Carrom, Skipping Rope, and Hopscotch with full enthusiasm and energy