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Representational image Is Fixed Deposit an asset or a liability? With Fixed Deposit interest rates going up recently, the debate on whether to invest in it or not is also back. One view suggests ...
Fixed deposit interest rates: Interest income from FDs is fully taxable and contributes to your overall tax obligation. Since FD interest is considered "income from other sources," Tax Deducted at ...
Many took the opportunity to lock in attractive fixed deposit rates – but is that always the smart move? The appeal – and the catch – of fixed deposits A fixed deposit offers a guaranteed ...
said that it had launched a 666 Days Fixed Deposit (FD), which offers returns of up to 7.95 per cent per annum for senior citizens on deposit amounts less than ₹2 crore. The 666 Days Fixed ...
SBI special FD's Amrit Kalash SBI's special fixed deposit (FD) scheme, Amrit Kalash, is also available for investment. The special fixed deposit scheme for retail customers offers higher interest ...
It is also important to remember that fixed deposit returns are also taxable and their returns aren't always the highest especially when in comparison to other investment instruments.
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