“If you're saving, you're succeeding.”― Steve Burkholder India with a population of 106 million elders and a majority of this population is not covered under any formal retirement income scheme. With demographic challenges, there is a large population of elders that do not work, and as life expectancy…Read More
Indian market is finally ready for some powerful investments by introducing Social Stock Exchange as mentioned in the Budget of 2019. The anticipated exchanges will be controlled by SEBI and will allow the listing of social enterprises and voluntary establishments by creating an electronic fundraising platform to…Read More
The Central Government presented the Budget twice in the year 2019. First the interim Budget was presented in February and later a full budget was presented on July 5th. Both the budget includes tax related declarations which can influence personal finances. There are some tax reforms which have been done to achieve…Read More
Union Budget 2018 Decoded in 10 points for Senior Citizens
by HelpAge India February 5, 2018 0 comments FinancialsWhile the middle class benefits to some extent, the destitute elder from the lower socio-economic strata has been left completely neglected. Budget 2018 proposes some benefits for senior citizens, providing them tax benefits in healthcare and giving higher income from interest. However the extreme destitute…Read More
Bank facilities for senior citizens become easier!
by HelpAge India November 14, 2017 0 comments FinancialsRBI directs all banks to provide doorstep banking to those above 70 by 31st Dec. 2017 Information from the Press Trust of India wire Senior citizens of more than 70 years of age and the differently-abled can look forward to availing of basic banking services, right from the comfort of their home. The RBI on…Read More