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The State Bank of India (SBI) Senior Citizen Savings Scheme (SCSS) is a savings scheme specifically designed for Indian citizens who are aged 60 years or older. It is a government-backed scheme that offers a range of benefits to senior citizens, including a fixed rate of interest, tax benefits, and easy access to funds. This way you can understand what SBI Senior Citizen Savings Scheme is all about.

One of the main benefits of the SBI SCSS is the fixed rate of interest it offers. The interest rate is reviewed by the government on a quarterly basis and is currently set at 7.4% per annum. This rate is higher than the interest rates offered on many other types of savings accounts and makes the SCSS an attractive option for senior citizens looking to earn a higher return on their savings. You can easily check on the websites like – SBI Senior Citizen Savings Scheme.

In addition to the fixed rate of interest, the SBI SCSS also offers tax benefits. Contributions to the SCSS are eligible for tax deductions under Section 80C of the Income Tax Act, of 1961. This means that individuals can claim a tax deduction of up to INR 1.5 lakh on their contributions to the SCSS, which can help to lower their overall tax liability. These details can be easily found on websites like Digital Seva Portal.

Another advantage of the SBI SCSS is the ease of access to funds. The SCSS allows individuals to make partial withdrawals after the completion of one year from the date of opening the account, subject to certain conditions. This can be useful for senior citizens who may need access to their funds for emergency expenses or other purposes using the idea of SBI Senior Citizen Savings Scheme

To open an SBI SCSS account, individuals must be aged 60 years or older and be Indian citizens. The minimum deposit required to open an SCSS account is INR 1,000, and the maximum deposit is INR 15 lakh. The SCSS has a tenure of 5 years, which can be extended for an additional 3 years for the scheme and you can easily find the same on the website – Digital Seva Portal that you can easily find over the web.

Wrapping up

In summary, the SBI Senior Citizen Savings Scheme is a government-backed savings scheme that offers a range of benefits to Indian citizens aged 60 years or older. It offers a fixed rate of interest, tax benefits, and easy access to funds, making it an attractive option for senior citizens looking to save and earn a higher return on their savings. If you are an employee working for someone in any company full time, it is important to have these schemes on your payroll. All you need is to go with the things and move ahead smoothly in the market. There are several ways in which you can easily enroll with it. All you need is to check things right and move along with the right idea and then you get back with something interesting and smooth in the market.

Art serves as a universal language, transcending geographical boundaries and cultural differences. In this exploration of global artistic movements, we uncover the profound impact of influential artists from diverse corners of the world, each contributing to the rich tapestry of human creativity.

1. Renaissance Resurgence: Leonardo da Vinci

The Renaissance, a cultural rebirth that swept through Europe in the 14th to 17th centuries, witnessed the emergence of masterful artists. At the forefront was the polymath Leonardo da Vinci, whose multifaceted genius encompassed painting, sculpture, architecture, and scientific inquiry. The enduring allure of his masterpieces, such as the enigmatic “Mona Lisa” and the iconic “The Last Supper,” continues to captivate art enthusiasts worldwide, symbolizing the pinnacle of Renaissance art.

2. Japanese Ukiyo-e Elegance: Katsushika Hokusai

In 17th-century Japan, the Ukiyo-e movement flourished, giving rise to mesmerizing woodblock prints. Among the luminaries of this period was Katsushika Hokusai, renowned for his timeless work, “The Great Wave off Kanagawa.” This masterpiece not only epitomizes the aesthetics of Ukiyo-e but also serves as a global symbol of Japanese art, showcasing the delicate dance between tradition and innovation.

3. Mexican Muralism Marvels: Diego Rivera

The early 20th century witnessed the emergence of Mexican Muralism, a movement blending art with social and political commentary. Diego Rivera, a muralist of unparalleled skill, used his art to narrate the tumultuous history of Mexico. His monumental works, including the controversial “Man at the Crossroads,” underscored the potential of art to reflect and influence societal narratives on a grand scale.

4. Indian Modernism Brilliance: Amrita Sher-Gil

Amidst the vivid palette of Indian art, Amrita Sher-Gil emerged as a trailblazer in the realm of modernism. Her fusion of Western techniques with traditional Indian themes produced masterpieces like “The Bride’s Toilet” and “Self-Portrait as Tahitian.” Sher-Gil’s art not only challenged artistic norms but also played a pivotal role in shaping the narrative of modern Indian identity.

5. Harlem Renaissance Radiance: Aaron Douglas

The Harlem Renaissance, a cultural revival in the 1920s celebrating African American identity, witnessed the rise of Aaron Douglas. His art, characterized by the infusion of African motifs and modernist aesthetics, became synonymous with the flourishing Black cultural renaissance. Douglas’s murals and illustrations for “The Crisis” magazine stand as enduring testaments to the vibrancy of this pivotal cultural movement.

6. Chinese Contemporary Provocateur: Ai Weiwei

In the contemporary art scene, Chinese artist Ai Weiwei stands as a provocative force challenging societal norms. His conceptual installations and outspoken activism transcend borders, sparking global conversations on human rights and political activism. Ai Weiwei’s art serves as a potent reminder of the artist’s role as a catalyst for change in an interconnected world.

A Global Tapestry of Creativity

As we unravel the stories of these influential artists from around the world, we witness a global tapestry of creativity. These visionaries not only shaped the artistic landscapes of their respective cultures but also contributed to a shared narrative that continues to inspire and unite art lovers across continents.

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