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I'm a super senior citizen with only FD interest income. Should I file ITR?

I am a super senior citizen and my income in 2024-25 was bank interest only. FD interest was ₹7.8 lakh and savings bank account interest ₹4,927. I opened an SCSS account a year ago. My wife is a ...
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Income Tax Department releases five ITR forms for taxpayers

The Income Tax Department has released five different Income Tax Return (ITR) forms for the current filing season. The forms released include ITR-1, ITR-2, ITR-3, ITR-4, and ITR-5, each designed for ...

FD rate up to 8% for senior citizens investing for three years; Know list of banks

Senior citizens can now earn up to 8% interest on fixed deposits for a three-year term with select small finance banks. While deposits are insured up to Rs 5 lakh, experts advise caution and limiting ...