Tax rebate for interest earned from SCSS

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Tax rebate for interest earned from SCSS

Is there any eligibility for tax exemption for the interest earned from deposit of senior citizen saving scheme.

Asked By: Anonymous 1 replies 0 helpful answers Last Updated: 3 months, 1 week ago
  • Anonymous

    Is there any eligibility for tax exemption for the interest earned from deposit of senior citizen saving scheme.

  • Profile photo of Madhuri N MarneMadhuri N Marne
    Moderator

    Hello,

    Yes, you can claim a deduction u/s 80C of up to Rs.1,50,000 for investment made in SCSS.

    For more information, you can refer this link ” https://www.hrblock.in/guides/senior-citizen-savings-scheme-scss/ ”

    Feel free to reach us for any further queries.

    Thank You

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