As fixed deposit rates remain elevated across the banking sector, several lenders are offering special fixed deposit (FD) schemes with unique tenures and higher interest rates than regular deposits.
Fixed-income investments are in the spotlight, thanks to strong yields and prevailing stock market uncertainty. A solid income stream paired with relative price stability is an appealing combo, and ...
A bank deducts 10% TDS if the interest payable on a customer’s fixed deposit exceeds ₹50,000 ( ₹1 lakh for senior citizens) ...
Since the interest earned on the deposit is subject to the clubbing provisions, it is not treated as the spouse’s taxable ...