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Extension of time limit for One month post retirement for retirees to invest in Senior Citizen Savings Scheme (SCSS)

Regarding extending the prescribed time limit of one month post retirement for retirees to invest in Sr. Citizen Savings Scheme (SCSS) As per the Finmin Order issued on 26th May 2020, Government employees who are retired or retiring in the period of lockdown (February, March and April 2020) are eligible to open SCSS account up … Read more

Obtaining of Life Certificate by Banks from Doorstep of Pensioners

The Department of Pension and Pensioners Welfare has issued a circular on 17 January 2020 about the Door-step submission of Life Certificate facility. As per the order, all Banks to ensure Door-step submission of Life Certificate facility, along with Banking facility to all senior citizens of more than 70 years of age and differently-abled or … Read more

7th Pay Commission Latest News for Pensioners: Relaxation to Submit Life Certificate for Senior Pensioners

7th Pay Commission Latest News for Pensioners: Relaxation to Submit Life Certificate for Senior Pensioners Last Date of Submission of Life Certificate for Pensioners 2019 7th Pay Commission Latest News for Pensioners: Relaxation to Submit Life Certificate for Senior Pensioners (80 years and above) Senior Pensioners (80 age and above) are allowed to submit their … Read more

Senior Citizens: 60 years male – 58 years female in Indian Railways

Senior Citizens: 60 years male – 58 years female in Indian Railways 50% Concession for Male senior citizens of minimum 60 years and 40% Concession for Lady senior citizens of minimum 58 years in Railways FACILITIES EXTENDED TO SENIOR CITIZENS The following facilities have been extended from time to time to Senior citizens: – (i) … Read more

No age proof required at the time of booking tickets

No age proof required at the time of booking tickets No proof of age is required at the time of purchasing tickets However, they are required to carry some documentary proof as prescribed showing their age or date of birth and have to produce it if demanded by on-board ticket checking staff. FACILITIES EXTENDED TO … Read more

Exemption of Interest Income on deposits increased to Rs 50,000 to Senior Citizens

Exemption of Interest Income on deposits increased to Rs 50,000 to Senior Citizens Ministry of Finance Relief to Senior Citizens: Exemption of Interest Income on deposits increased to Rs 50,000 Pradhan Mantri Vaya Vandana Yojana extended up to March 2020 Existed limit on investment under PMVVY enhanced to Rs 15 lakhs With the objective of … Read more