Ultra Short Term Funds offer a balanced mix of low risk and decent returns.
Arrears can include salary, pension, rent, or other types of income that were delayed.
Senior citizens, defined as residents aged 60 years or above but less than 80, have different criteria for filing an ITR.
First, check if you are eligible to submit Form 15G or Form 15H.
In India, two popular government-backed options are the Public Provident Fund and the National Pension System.