The Economic Affairs Department has issued guidelines for small savings scheme accounts opened in violation of the stipulated rules.

Senior citizens should carefully plan their investments for cash flows after retirement, as mistakes could be irrevocable. Here are a few options to consider.

These bonds can be purchased through the designated scheduled commercial bank branches, post offices, and the RBI’s Retail Direct website.

Managing finance and taxes can be daunting for senior citizens, and as such, Form 15G and Form 15H can help them avoid TDS on certain incomes