Coronavirus and the nationwide lockdown has taken its toll on the economy, which has had a ripple effect on the returns of various equity and debt financial products. Among those hit hardest by falling investment returns are senior citizens. The bank fixed deposit (FD), a financial product that many seniors depend on for regular income, has seen its returns go below the 7 per cent mark.
Health, life insurance premiums need a tax cut? GoM to meet on October 19
Read More
