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View Full Version : Budget 2023 impact: 100% rise in interest income from Senior Citizens Saving Scheme (SCSS), POMIS



IndiaInsurance
6th February 2023, 06:53 AM
https://img.etimg.com/photo/97596076.cms (https://economictimes.indiatimes.com/wealth/invest/budget-2023-impact-100-rise-in-interest-income-from-senior-citizens-saving-scheme-scss-pomis/articleshow/97596076.cms). The deposit limit in the Senior Citizens’ Saving Scheme (SCSS) and the Post Office Monthly Income Scheme (POMIS) has been doubled, allowing the seniors to potentially increase their income from interest by 100% if fully invested.

More... (https://economictimes.indiatimes.com/wealth/invest/budget-2023-impact-100-rise-in-interest-income-from-senior-citizens-saving-scheme-scss-pomis/articleshow/97596076.cms)