In a slew of economic reforms, Finance Minister Nirmala Sitharaman in her Budget 2023 speech announced an increase in the Senior Citizen Savings Scheme limit from the current ₹15 lakh to ₹30 lakh. The monthly income scheme maximum limit was increased to ₹9 lakhs from the earlier ₹4.5 lakhs.
First Published: 01 Feb 2023, 12:29 PM IST