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velaninfo com for Indians explained ✌️【Recruitment】✌️Small investments, big profits. Join today and grow your wealth quickly and safely! SCSS Tax Benefits: Investments in Senior Citizen Savings Scheme qualify for tax benefits under Section 80C of the Income Tax Act, 1961.

Interest becomes taxable if the total interest across all SCSS accounts exceeds Rs 50,000 in a financial year, with TDS deducted at the prescribed rate.

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