Bank Fixed Deposits ( FDs) vs Debt funds. What should I choose in this current market conditions? - BusinessToday
Bank Fixed Deposits ( FDs) vs Debt funds. What should I choose in thi…
2024年9月7日
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Know Which Banks Are Offering Highest FD Interest Rates - BT TV - Business Today
Know Which Banks Are Offering Highest FD Interest Rates - BT TV …
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Fixed Deposits: Now you can get up to 7% interest on 3-year FDs; here’s how
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Money making tips: FDs vs Debt funds, which are better for you? Explained
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FD interest rates are so high right now that people have dumped the stock market. At 7-8% interest rates I can understand why.The only problem is that the way FDs are taxed it severely impacts the compounding effect. Meaning, if your profit in FD in a given year exceeds ₹40,000 then tax is deducted at 10%. This is deducted on a yearly basis irrespective of whether it’s a 2 or 5 year FD.How to avoid?I’m assuming everyone here makes more than 2.5L per annum. So submitting form 15G/ Form 15H is of
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