When you earn interest from a Fixed Deposit (FD), Tax Deducted at Source (TDS) plays a vital role in ensuring that tax is collected on that income. Banks deduct TDS on FD interest once it exceeds ...

ESAF Small Finance Bank is offering a 6.75% interest rate to general citizens on its FDs maturing in three years. Disclaimer: ...

Bank customers should compare the interest rates offered by different banks for the desired tenure. Here is a table comparing ...

The RBI has increased the maximum interest rate allowed on Foreign Currency Non-Resident Account (FCNR(B)) deposits to the ...

How to calculate Fixed Deposit returns? The answer is an online ... 000 for investors above 60 years), then banks deduct TDS @10%. For non banking finance company (NBFC), the threshold limit ...

Fixed deposits are a safe haven for your money as ... However, you need to submit either Form 15G or Form 15H to your bank to avoid the TDS deduction. While FDs are one of the most popular ...

Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it ...

The Global Trade Research Initiative (GTRI) calls for raising the income tax exemption threshold to Rs 5.7 lakh, equalizing ...

Among the options, Unity Small Finance Bank and North East Small Finance Bank provide the highest rates, offering up to 9% for select tenures ...

GTRI recommends increasing the income tax exemption threshold to Rs 5.7 lakh, simplifying the TDS system, and equalizing tax ...

Fixed deposits (FDs) are a popular investment option ... for senior citizens), the bank deducts Tax Deducted at Source (TDS). Plan your investments to avoid crossing this threshold unnecessarily.