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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
Fixed deposits: Investment or tax saving instrument?

11-07-2014| Source:Moneycontrol.com

The first thing that an investor has to understand is that the normal bank fixed deposit and the tax saving fixed deposit are completely different investments. This distinction is important so

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