Though there are some high-paying CDs still floating around, the average 12-month CD delivers an annual percentage yield of ...
The country’s two stock exchanges logged operating losses in the last fiscal year thanks to sluggish trading activities, ...
Conclusion: The matter was remanded back to AO to review the non-taxability of interest from Fixed Deposit Receipts (FDRs) as ...
Non-operating income from FDRs, which stood at Tk168 crore in FY23 and Tk170 crore in FY22, continues to be the crutch supporting the organisation’s bottom line ...
In an exclusive conversation with Siddharth Zarabi, Editor of Business Today, SBI Chairman CS Setty shared his perspective on the tax treatment of fixed deposits and how it could be leveraged to ...
NBFCs must acknowledge receipt of nomination forms ... and improve transparency, making fixed deposits a more user-friendly ...
Gift: From January 1, 2025, RBI introduces revised regulations for fixed deposits from NBFCs and HFCs. Notable changes ...
As per the guidelines by RBI, depositors may withdraw the full amount of small deposits (up to Rs 10,000) within three months ...
The revised guidelines, announced in August this year, include acceptance of public deposits like those relating to ...
Gold Savings Schemes are schemes generally offered by the jewellery shops allowing the consumer to purchase gold by making ...
“The applicant shall deposit a recurring fixed deposit receipt of Rs 2 lakh in the child’s name within 15 days. A separate account shall be opened in the child’s name by the welfare home for children ...