Budget 2023: Big bonanza for senior citizens

The Finance Budget 2023 for the Government of India has the following important points for seniors.

  1. The senior citizen savings scheme can be upto Rs.30 Lakhs ( earlier Rs. 15 lakhs)
  2. The monthly income scheme ( post office) has been revised to Rs.9 lakhs in individual names ( earlier it was Rs.4.5 lakhs) and Rs.15 lakhs in joint names.

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