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The State Bank of India (SBI), a leading public sector bank, has unveiled an innovative recurring deposit (RD) scheme named the 'Har Ghar Lakhpati' scheme. This customised savings plan aims to ...
Post Office RD: The first aim of an investor is to earn money through their investment, and their nightmare is to lose it amid market volatility. In such a scenario, any return that is guaranteed ...
Form 16A, also known as TDS certificate, is issued when TDS is deducted on income other than salary. In the case of banks including SBI, Form 16A mentions TDS on interest income on fixed deposits.
In SBI RD account, customers are required to make monthly deposits of minimum of Rs. 100 and in multiples of Rs 10.
How to fill Form 15G: It is that time of the year when most fixed deposit holders make a dash to their banker. The interest earned from FDs is fully taxable and one is supposed to show it under ...
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