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Govt collects Rs 27k cr in taxes from sr citizens on interest earned from fixed deposits: SBI report

by AIP Online Bureau | Apr 15, 2024 | Banking & Bancassurance, Eco/Invest/Demography

SBI researchers estimated that at least 7.3 crore of these accounts have a balance of over Rs 15 lakh, and assuming that the deposits fetch an interest of 7.5 per cent, senior citizens have earned Rs 2.7 lakh crore in FY24 as interest alone Mumbai: The government has...
Ratan Tata invests in senior citizen companionship-as-service startup Goodfellows

Ratan Tata invests in senior citizen companionship-as-service startup Goodfellows

by AIP Online Bureau | Aug 16, 2022 | Indian News

“You do not know what it is like to be lonely until you spend time alone wishing for companionship,” the 84-year Tata, a bachelor, said, appreciating Naidu’s ideation and also forgiving his mentee for the time he spends away from the office Mumbai:...

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