As the financial year comes to an end, tax calculations and deposits are in full swing. Here are some investment instruments that senior citizens can explore for guaranteed income and to save taxes.

Small saving schemes not only help in inculcating the practice of savings but also help in getting regular cash flow post-retirement. So, it's important to choose the right one in sync with your financial goals

Senior citizens are risk-averse and, therefore, prefer investments that can provide guaranteed income options and returns. Here’s a list of small savings instruments they could choose from for getting guaranteed income in their retirement years

The budget announcement comes after the government in January increased the interest rates for SCSS deposits from 7.6 per cent to 8 per cent.