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Tax-saving fixed deposits

A special category of fixed deposits where the investor gets the benefit of a tax break when they invest a sum of money in the deposit. The maximum benefit is available up to an investment of Rs 1 lakh and there is a lock-in period of 5 years in the deposit.

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Bank Fixed Deposits

News On Tax saving fixed deposits
Will inflation-indexed FD help get savers off gold?

05-01-2015| Source:Firstpost.com

It is not the safety of money in banks that worries people, for bank fixed deposits (FDs) are simply the largest form of financial savings in India. Rather, people buy gold for other reasons one

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