YOU ARE HERE > Moneycontrol > Bank Deposits > Glossary

Bank Deposits

A B C D E F G H I J K L M N O P Q R S T U V W X Y Z

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.

Keywords

Bank Fixed Deposits

News On Tax saving fixed deposits
How to achieve short term goals using mutual funds?

19-09-2016| Source:Moneycontrol.com

;While considering investment avenues for short term goals lot many traditional instruments pop up. Bank fixed deposit or recurring deposit have been the first choice primarily because it does not fluctuate your

Make the most of deductions under section 80C of IT Act

12-09-2016| Source:Moneycontrol.com

Citizens Savings Scheme, Five year bank tax saving fixed deposits. The maximum benefit under this section is upto Rs 1.5 lakh and this is a large sum that most people should try and use when

Invest right to save your income tax

02-09-2016| Source:Moneycontrol.com

You have to carefully weigh the merits and demerits of each tax saving option available

Explore Moneycontrol

Copyright © e-Eighteen.com Ltd. All rights reserved. Reproduction of news articles, photos, videos or any other content in whole or in part in any form or medium without express written permission of moneycontrol.com is prohibited.