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Bankers want FDs on par with MF schemes under tax bracket

Jun 16, 2009 at 09:11 | Source: CNBC-TV18

Bankers have asked the government to bring fixed deposits (FD) at par with mutual fund schemes under the tax bracket. CNBC-TV18 learns that banks are asking the government to reduce the tax exemption period from the current five years to three years.

How to increase your returns using Double Indexation

Jul 18, 2007 at 12:40

Double indexation is a neat trick where you hold an investment for a little more than one year but get the benefit of the index multiple of two years. How is this done?

Why FMPs are more lucrative than Bank FDs? - Part II

May 18, 2007 at 18:15

Sandeep Shanbhag explains how a longer termed FMP (of over one year) has an even better edge than its shorter-termed counterpart.

Sundaram Finance increases FD rates by 150 bps

Apr 28, 2007 at 11:30

Sundaram Finance increases interest rates by 150 basis points for 2 and 3 year FDs. 1 year FD interest rate up 100 basis points to 9.5%

Five common pitfalls of investing

Mar 12, 2007 at 12:36

Bad investments or wrong investments are a part and parcel of any portfolio. The idea is not to get defensive about it but to understand the reason(s) and make sure that we dont repeat the mistakes.

Budget expectations from the perspective of Planning

Feb 19, 2007 at 12:02

Lets hope the FM takes care of these issues in the forthcoming budget to give a further impetus to long-term financial planning.

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Bankers want FDs on par with MF schemes under tax bracket

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