Temple Bond News: Till date we have heard many times about earning money in the name of temples. This is said for those people who take huge amount of money or donations in the name of temple, worship or God. But do you know that in the coming time, common people like you and us will also soon be able to earn money in the name of temples, this will be done through legal means and not through any fraud. Let us know how?

Government is preparing for ‘Temple Bond’
Actually, Mohan Yadav government of Madhya Pradesh is going to bring ‘Temple Bond’ soon. Through which common people will also be able to invest in temples in the form of bonds. Through this bond, you will have to invest some money in a fixed time, on which the government or temple trust will give you regular interest.

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The government is going to put forward this proposal before the Simhastha Kumbh to be held in Ujjain in the year 2028. MP government plans to issue temple bonds worth Rs 200 crore before this Kumbh Mela. The money invested by people through bonds will be used for painting the historical temples in and around Ujjain. Due to this, this fund is going to be used for the facilities like roads, parking system as well as drinking facilities for the visitors coming to the temple.

Temples will improve the economy!
Big temples and religious places are now not only the center of faith, but through them the government is also trying to improve the economy. This system will be applicable to those temples where more and more people come as tourists, the government will now provide them facilities with their money. It is also called ‘Pilgrimage Economy’. However, the government has also made it clear that the temple property will not be mortgaged or sold in any way under the temple bond. This is going to be just a means of raising funds.

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Senior Citizen Saving Scheme: If you want to get a good income every year without risk, then Post Office Senior Citizen Saving Scheme (SCSS) can be the best option. This scheme has been specially designed for the elderly, in which along with secure returns, they also get the benefit of tax exemption.

The government decides the interest rates of small savings schemes every three months. There has been no change in the interest rate of SCSS for the April-June 2026 quarter and it still remains at 8.2% per annum.

How to invest and get interest in SCSS

The duration of this scheme is for 5 years, which can be extended by 3 more years if needed. A maximum investment of up to Rs 30 lakh can be made in this. In such a situation, if a senior citizen does this, he can get interest up to ₹ 61,500 every quarter. This means that you get regular income four times a year, making it a good source of stable income for retirees.

Government will give Rs 30000 on the birth of the third child, Rs 40000 on the birth of the fourth, a big decision on the decreasing population.

What is the special feature of the scheme?

Minimum investment in this scheme can be started from just ₹ 1,000. Both husband and wife can open separate accounts or can also open joint accounts with each other, in which the limit for each account remains up to ₹ 30 lakh.

If more money is deposited in the account than the prescribed limit, then the depositors will get the return amount. Also, the interest rate applicable on Post Office Savings Account will be valid from the date of extra deposit till the date of withdrawal.

taxes and benefits

The interest received from this scheme comes under the ambit of tax. However, senior citizens can avail exemption of up to ₹ 50,000 under Section 80TTB of the Income Act. Thus SCSS is useful for those who want regular and reliable income with safe investments.

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