Senior citizens can still secure fixed deposit (FD) interest rates up to 8% for a five-year term with select banks, including Suryoday Small Finance Bank. While TDS is deducted if FD interest exceeds ...
Are you a senior citizen? Earn up to 8% on five-year FDs, but watch tax rules, TDS limits, and deposit insurance. Know details.
SBI Research proposes aligning fixed deposit interest tax with capital gains. It also suggests shortening the lock-in for tax ...
Fixed deposits and small savings schemes are built for slightly different purposes, even though they often sit in the same ...
The FRSB, 2020 (T) is offering a higher interest rate of 8.05% p.a. compared to bank fixed deposit rates of 6.50% to 7.00%.
Flexi fixed deposits (FDs) are a hybrid investment option that combines the benefits of fixed deposits and savings accounts ...
The senior citizens can benefit from higher returns on savings and fixed deposits, tailored to support financial stability ...
Many Indian banks offer higher interest rates on fixed deposits for senior citizens compared with regular FDs, providing ...
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