Non-resident Indians often plan to come back to spend their retired life with their close relatives and friends in India. But before they decide to return, they must give special attention to their financial preparation so that they can comfortably adjust to their new life in India

Seniors may receive gifts from children for their cash flow and other needs, and here’s the taxability.

Downsizing your home can be a smart financial move for senior citizens looking to boost their retirement savings. However, navigating the tax implications can be challenging. Here are some tax recommendations for elderly people.

Fixed deposits are a secure investment option with attractive interest rates for senior citizens. Explore the highest FD rates across government banks, private banks, small finance banks, and corporate FDs to maximise your savings. However, also consider factors, such as tenure, credibility, premature withdrawal, senior citizen premium, and tax implications for an informed decision.