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Futile exercise

Friday, May 04, 2018

Simply increasing the investment limit under the PMVVY pension scheme is not going to help the senior citizens. It is the ridiculously low limit for TDS on interest (Rs 10K) that is the most irksome for the elderly investors. Unless it is substantially raised to say Rs 24K, the laudable purpose of helping the old age people will never be served in the real sense.
— Arun Malankar, Kalina

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