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Bank Deposits

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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
Money Money Money: Capital will flow from debt to equity

22-08-2017| Source:CNBC-TV18

The going is getting tougher if you are chasing returns in the world of fixed income. Banks have slashed rates on the interest you earn on your savings bank account, fixed deposits returns

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