Senior Citizen Savings Scheme Tax Benefits 2026: 80C, 80TTB, TDS & 8.2% Interest Explained
SCSS pays 8.2% a year, quarterly, on up to ₹30 lakh — with an 80C deduction on the deposit and up to ₹50,000 a year off interest under 80TTB (old regime). Interest itself is taxable. Here is the full tax picture for FY 2026-27.