Page 2 - Senior Citizen

Senior citizens to be taken care of at home, govt working on scheme

A 2007 law has the provision for taking care of all senior citizens. However, the government is working on a new law to ensure those living alone are taken care of in a better way.

Letters to BS: Incentivising savings could be a win-win for govt

An increase in the Public Provident Fund limit by Rs 1 lakh to Rs 2.5 lakh for individual households under 80C will lead to additional savings of more than Rs 2 trillion

How India can prepare to take care of its senior citizens using tech

As a nation we need to focus on capacity building at the systemic level in order to use technology to successfully address the needs of our ageing population

EC working on guidelines to allow postal ballot for octogenarians, divyangs

The move comes days after the Law Ministry amended Conduct of Election Rules allowing 'absentee voters' of essential services, senior citizens of more than 80 years of age and people with disabilities

Purchase an annuity, but go for the right variant at the right age: Expert

Retirees may consider a few other products as well to generate a regular income after retirement

Taxation tips for senior citizens

Senior citizens should make use of the generous tax benefits the govt has provided to minimise their tax outgo