Senior Citizen Benefits Update : Hello friends, if there is an elderly person in your house, then today’s post can prove to be golden for that elderly person, in the year 2025, the government has started many new facilities as well as schemes keeping senior citizens in mind.
By taking advantage of which, all of you will be able to make your life comfortable as well as self-reliant. Through this article today, we are going to discuss in detail about Senior Citizen Benefits Update, which includes a total of 8 benefits.
1. Tax relief
The first benefit is of tax, which is related to all the elderly, since in the year 2025, senior citizens have been given income tax exemption by the government, a person above 60 years of age does not need to pay tax on annual income up to ₹ 300000 and senior citizens above 80 years of age are also being given an exemption of up to ₹ 500000.
Along with this, the tax exemption on health insurance has also been increased and the person paying the premium will get tax benefits. The biggest feature is that investing in schemes like SCSS, PPF & NPS will also get tax relief.
2. Travel facility absolutely free
There are many states where senior citizens are being provided free travel services or heavy discounts. Senior passes have been introduced in some metro cities as well, through which senior citizens can enjoy free or cheap travel for a month.
Elderly people will be able to travel far away to visit temples, meet relatives or for health check-up without any hassle and without/at a cheaper fare.
3. Improvement in health care too
In the year 2025, a big step has been taken in the health sector by the central government and the state government together, free health checkup camps are being organized for senior citizens. Through which the elderly person will be checked for blood, sugar, BP, eyes and bones for free. The benefit of treatment will also be available in government hospitals.
4. Improvement in pension received
The senior pension scheme which is available to senior citizens like SCSS, PMVYY & other pension schemes has also been improved and the interest rate is now being given from 7.4% to 8% after which you will be assured of a good income every month.
5. Digital literacy program started
The work of connecting all the elderly people to the internet and smartphones has started. For this, the government has launched a digital literacy program. In this, complete information will be given about using online banking, UPI payment, WhatsApp, social media,
For this, training centers are being opened in every village so that elderly people can enter the digital world and there is no case of fraud with the elderly.
6. Opportunity to volunteer with employment
Let me tell you all that many private companies and government institutions are also hiring retired employees again for consultancy and training, under which minimum salary of ₹15000 and maximum salary of ₹50000 will be given every month.
Along with this, a volunteer scheme is also being run under which honorarium will be provided along with social service.
7. Social Clubs and Entertainment
There is good news for all you senior citizens that senior citizen clubs are being opened in almost all the cities of the country where all the elderly can spend time together. In cities like Delhi, Mumbai, Bangalore, institutions like “Gold Age Club” and “Silver Line Club” have become quite popular.
Activities like music, games, picnic, yoga etc. are available here which will provide mental peace to the elderly and they will also find a new friend.
8. Investment options are more secure
Friends, the money of all the senior citizens who will invest in this scheme will be safe now and new investment options have been introduced in it which are as follows:-
- LIC’s Special FD Scheme
- Additional 0.5% interest rate on Senior Citizen Fixed Deposit
- Government of India bonds and secured mutual funds.
Investing in the above scheme is a safe option.
