scorecardresearchBudget 2023: FM Sitharaman announces increased limit for Senior Citizen

Budget 2023: FM Sitharaman announces increased limit for Senior Citizen Savings Scheme investment; check details

Updated: 01 Feb 2023, 12:29 PM IST
TL;DR.

Senior Citizen Savings Scheme investment limit raised to 30 lakh in Budget 2023.

Nirmala Sitharaman presented the Budget 2023 at the new Parliament building today.

Nirmala Sitharaman presented the Budget 2023 at the new Parliament building today.

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