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Union Budget 2023 – Good News For Senior Citizens

"The senior citizens saving scheme will be extended for a deposit account of Rs. 30 lakh from Rs. 15 lakh, announces Finance Minister Nirmala Sitharaman," FM Sitharaman announced. She also announced enhancing the maximum deposit limit for Monthly Income Accounts Scheme from Rs 4.5 lakh to Rs 9 lakh for single accounts, and Rs 9 lakh to Rs 15 lakh for joint accounts.


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