Senior citizens can invest extra Rs 15 lakh in SCSS from April 1, 2023 but PMVVY to close from same date

PMVVY currently offers retirees the option of investing up to Rs 15 lakh to earn near-risk-free returns. However, till now there has been no announcement of it being extended. Therefore, as things stand today while senior citizens would be able to invest an extra Rs 15 lakh in SCSS from April 1, 2023, the other avenue of investing Rs 15 lakh in a similar scheme would close.

from Personal Finance News-Wealth-Economic Times https://ift.tt/3EYpGKL