Wed, Mar 27, 2024
The interest earned as part of the Tax Savings FD is taxable and deducted at the source. But the interest is taxable only if it is more than Rs 40,000 on an FD in a financial year. For senior citizens, this limit is Rs 50,000.
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Mon, Sep 04, 2023
Both Bank FDs and Corporate FDs are great investment options. The choice between the two depends on one's financial goals and risk tolerance.
Fri, Aug 18, 2023
Both Post Office and bank FDs offer income tax benefits u/s 80C. Here’s a comparison between benefits and returns on Post Office and bank FDs. You should also consider a few factors like tenure and interest rates while deciding between the two.
Fri, Apr 28, 2023
Do you leave your emergency fund or surplus cash parked in savings account? Then you're actually losing money due to inflation and losing out on extra interest that you could earn by investing in liquid funds that also offer flexibility that FDs don't. Find out all this in our video.
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