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Niti Backs Tax Reforms On Senior Care Products

Encouraging the private sector to design targeted and comprehensive geriatric health insurance products and increasing liquidity and capital allocation to the senior care industry will help in addressing needs of the affording segment

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NITI Aayog calls for financial and legal reforms for elderly care in India

The move is aimed at ensuring that a basic support system is put in place to cater to the needs of India’s ageing population which is expected to go up from 10% now to 19.5% by 2050.

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Tax-saving investments for senior citizens: Here are 4 ways to maximise your tax savings

Financial planning includes tax savings as a key component. A well-thought-out tax planning approach may help people accomplish their financial objectives while also lowering their tax liability.

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PFRDA brings pension funds under PMLA net

The latest PFRDA move to amend the pension fund regulations comes in the wake of Finance and Corporate Affairs Minister in her last year’s Budget speech directing regulators to review their regulations from the perspective of easing compliance burden.

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Kozhikode on road to being totally elderly-friendly city

The key strategies proposed include implementing a reverse mortgage mechanism aimed at enhancing financial liquidity for seniors.

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Many senior citizen associations have been forced to shut, says Ashok Prabhakar

A monthly grant of Rs 20,000, initiated by the Sheila Dixit government and continued under the present government, has been discontinued for the last three years.

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Kids, Senior Citizens In Pneumonia Firing Line

Kolkata: Doctors across city hospitals are seeing a surge in pneumococcal pneumonia. The numbers apart, what is concerning is the severity and unusual features of the bacterial infection.

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Can Senior Citizens Maintain An Overseas Bank Account? Charges And Taxes

It is important to know the various charges apart from the eligibility criteria before you open an overseas bank account.

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Unlocking retirement prosperity: How NPS remains cutting-edge

The NPS ensures a comfortable retirement by combining market-linked returns with disciplined savings and power of compounding.

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Securing Your Future: Pension Plans in a Stable Economy

Every year, the pre-Budget phase is flooded with anticipation and hopes from different segments of the economy.

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Kerala Senior Citizens Bill: Jail term up to 3 years & Rs 1 lakh fine for abandoning parents

The bill was prepared by the Kerala Law Reforms Commission and subsequently cleared by the Law Department.

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Safe Investment Options That Can Help Your Parents Save Tax If They Are Senior Citizens

some of us might be having senior citizen parents who still fall into the taxable income slabs, and that is why require tax saving.

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Self-monitoring enhances physical activity of elderly who require care: Study - Feb 21, 2024

The Kobe University study is the first to demonstrate that this demographic’s physical activity may be enhanced using simple and safe methods, which is likely to help avoid serious sickness and cut long-term care expenses.

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2 new bills want to change ‘no lift’ policies for residents who fall at elderly care facilities

Nearly 17,000 falls were inside nursing homes in 2022, the report shows. The number of residents who fell in nursing homes rose on average 8.6% each year since 2019.

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Telehealth training coming to aged care Feb 14, 2024

A partnership of primary health networks around the country is developing a telehealth training program for residential aged care that will be rolled out to homes in the first half of this year.

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6 Seemingly ‘Harmless’ Habits That Are Prematurely Aging Your Brain - Feb 13, 2024

These behaviors might not appear a big deal, but they could hurt your brain health in the long run.

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2024 Seniors Housing & Care Investor Survey and Trends - Feb 13, 2024

Interest in seniors housing investments remains strong as investors seek higher yields from alternative asset classes

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Japan Elderly Care Services Drawing Interest from Thailand, Other Asian Nations - Feb 8, 2024

Other parts of Asia are projected to have aging populations at a faster pace compared to Japan, requiring them to develop schemes to meet the growing need for nursing care.

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Elderly Australians Battle Loneliness, Social Isolation - Feb 8, 2024

Older Australians will help Monash University-led research to assess and address social isolation and loneliness among their peers.

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Japan bets on tech, immigration as labor crisis worsens - Feb 7, 2024

Battling a falling birth rate and aging population, Japan hopes a combination of technology and immigration may go some way toward easing a critical shortage of workers.

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The Best Things To Do In Egypt For Elderly Travellers - Feb 5, 2024

With its timeless wonders and diverse landscapes, Egypt beckons elderly travellers to embark on a journey filled with cultural richness and historical marvels

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China Focuses on Developing Silver Economy, Multiple Companies Already Strategizing - Jan 6, 2024

China is expected to transition rapidly from an ‘aging’ to an ‘aged’ society by 2027, a shift that will take just 25 years.

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China’s retirees embrace ‘migratory bird’ lifestyle for health and comfort - Jan 3, 2024

This practice, where seniors travel south for the winter and return north in the spring, similar to migratory birds, has become popular among retired Chinese seniors and is known as “migratory bird-style” elderly care.

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NEW TAX CREDIT FOR THOSE CARING FOR SICK OR ELDERLY LOVED ONE - Jan 3, 2024

A new tax credit for those who care for a sick or elderly loved one, will be available for the 2024 tax year.

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