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52 Results Found
  • There’s no banking on banks Aug 01, 2020 11:41 AM IST

    There’s no banking on banks

    As COVID-19 has forced us to remain indoors, one would expect banking services to be professional and efficiently digital. It is also expected that banks facilitate doorstep banking for senior citizens as advocated by the RBI. The reality far from this

  • COVID-19 | How the pandemic is affecting India’s 140 million-strong senior citizens Jul 30, 2020 12:55 PM IST

    COVID-19 | How the pandemic is affecting India’s 140 million-strong senior citizens

    The government should identify and take special care of elderly households in an effort to protect them by providing immediate health attention and other basic necessities, including special cash transfers

  • Paytm Payments Bank to deliver cash at home for senior citizens May 15, 2020 04:27 PM IST

    Paytm Payments Bank to deliver cash at home for senior citizens

    The Paytm Payments Bank in a press release said, This new service will enable them to raise cash withdrawal requests on their Paytm Payments Bank app and the requested amount will be delivered at their home.

  • How the elderly can bank smoothly without visiting a branch Aug 21, 2019 01:01 PM IST

    How the elderly can bank smoothly without visiting a branch

    Several banking privileges have been rolled out for senior citizens

  • Retirement homes now a separate real estate category subject to RERA norms Mar 06, 2019 08:49 PM IST

    Retirement homes now a separate real estate category subject to RERA norms

    Housing and Urban Affairs ministry releases guidelines for regulation of retirement homes to ensure ease of living for senior citizens.

  • Parents can evict abusive adult children from their house: Delhi HC Mar 20, 2017 05:00 PM IST

    Parents can evict abusive adult children from their house: Delhi HC

    Upholding the ‘right of senior citizens or parents to live peacefully and with dignity‘, the Delhi High Court has ruled that “As long as the parents have the legal possession of the property, they &#82

  • Budget 2017: Health records of senior citizens on Aadhaar gets a thumbs up Feb 01, 2017 06:21 PM IST

    Budget 2017: Health records of senior citizens on Aadhaar gets a thumbs up

    Embedding health data of senior citizens on Aadhaar card was among the major healthcare initiatives proposed by Finance Minister Arun Jaitley in his Budget speech on Wednesday. Healthcare industry chiefs lauded the proposal saying such digital penetration could be key to affordable and accessible healthcare to Indian masses.

  • Union Budget 2017-18: LIC to offer 8% return in pension scheme for senior citizens Feb 01, 2017 02:55 PM IST

    Union Budget 2017-18: LIC to offer 8% return in pension scheme for senior citizens

    This will be annual guaranteed return for all above 60 years of age

  • Budget 2017: Opportunity to partner with common man to boost national growth Jan 25, 2017 07:07 PM IST

    Budget 2017: Opportunity to partner with common man to boost national growth

    Here is a wishlist of the common man from Union budget 2017

  • Budget 2017: FM proposes guaranteed pension product from LIC Jan 24, 2017 07:08 PM IST

    Budget 2017: FM proposes guaranteed pension product from LIC

    The budget failed to offer anything in health insurance sector for senior citizens.

  • Cabinet clears pension scheme for seniors with 8% return Jan 24, 2017 03:42 PM IST

    Cabinet clears pension scheme for seniors with 8% return

    The Union Cabinet chaired by Prime Minister Narendra Modi gave its post-facto approval for launching of Varishtha Pension Bima Yojana 2017 (VPBY 2017), an official statement said.

  • Budget 2017: Increase tax benefits for senior citizen health insurance Jan 18, 2017 11:07 AM IST

    Budget 2017: Increase tax benefits for senior citizen health insurance

    The coming budget is also expected to encourage cashless transactions and digital payments.

  • Govt to give assistive devices to elderly below poverty line Jan 01, 2017 12:46 PM IST

    Govt to give assistive devices to elderly below poverty line

    Senior citizens living below the poverty line will be given assistive living devices like walking sticks, spectacles and hearing aids by the government under a new scheme.

  • Key announcements from PM Modi's New Year's Eve speech Dec 31, 2016 09:13 PM IST

    Key announcements from PM Modi's New Year's Eve speech

    Following the tough decision to demonetise Rs 500 and Rs 1000 currency notes, Prime Minister Narendra Modi today thanked citizens for undertaking a yagna (sacrifice) to cleanse the economy of black money

  • Aadhaar must for sr citizen train ticket concession from Apr 1 Dec 05, 2016 08:46 PM IST

    Aadhaar must for sr citizen train ticket concession from Apr 1

    Railway Ministry has decided to implement Aadhaar-based ticketing system for senior citizens in a two-phased manner.

  • Smog: Plea in NGT for free masks to kids, senior citizens Nov 08, 2016 05:18 PM IST

    Smog: Plea in NGT for free masks to kids, senior citizens

    With people thronging shops to buy masks to protect themselves from the thick smog engulfing Delhi, a lawyer today moved the National Green tribunal seeking directions to provide free masks to the school-going children and senior citizens to protect them from pollution.

  • Delhi Police launches mobile app for senior citizens Oct 01, 2016 05:16 PM IST

    Delhi Police launches mobile app for senior citizens

    Delhi Police today launched a mobile application for senior citizens to enable them to reach out to the police quickly in emergency situations.

  • Retiring soon? Time to take a hard look at your asset allocation Jul 13, 2016 11:55 AM IST

    Retiring soon? Time to take a hard look at your asset allocation

    Going overboard with one asset class can pull down your returns. You will face worse situation if you let emotions decide on your behalf.

  • Mixed bag for the senior citizen Feb 25, 2016 04:22 PM IST

    Mixed bag for the senior citizen

    Though there is no hike in exemption limit for senior citizens, a fresh health insurance scheme is announced by finance minister. Also NPS withdrawals to the extent of 40% were made tax free.

  • Approach MII investors for elevated corridor: HC to Railways Feb 18, 2016 04:42 PM IST

    Approach MII investors for elevated corridor: HC to Railways

    The High Court also asked the Maharashtra Government to step in and help the Railways in augmenting its capacity which would help in providing safe travel for commuters.

  • What happens when a senior citizen does not pay advance tax? Jan 06, 2016 05:54 PM IST

    What happens when a senior citizen does not pay advance tax?

    Though senior citizens need not pay advance tax, they have to account for income tax and pay it. Also they are expected to file income tax returns, as per rules.

  • Taxation angles pile up for SCSS investors Dec 07, 2015 05:44 PM IST

    Taxation angles pile up for SCSS investors

    Senior citizens may have a certain preference for Senior Citizen Saving Scheme given fall in interest rates. However, do not ignore the tax benefit associated with it while investing and of course the tax liability on interest earned on it.

  • Make most of senior citizen discounts & enjoy retired life Jul 14, 2015 03:39 PM IST

    Make most of senior citizen discounts & enjoy retired life

    While higher interest rates on fixed deposits is a known phenomenon, not many are aware of various discounts available to senior citizens.

  • Senior citizens too can borrow, but conditions apply Apr 10, 2015 07:32 PM IST

    Senior citizens too can borrow, but conditions apply

    Senior citizens have options such as personal loans, home loans or loans against other assets. However there are stringent limits prescribed by banks.

  • Senior citizens should focus on post tax returns Apr 06, 2015 09:46 AM IST

    Senior citizens should focus on post tax returns

    Many fixed income options look attractive with the assured returns feature. However a significant component of the returns may be lost in income tax. It is better to opt for investment options that are tax efficient.

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