Several government and private banks in India have increased their fixed deposit interest rates ahead of the RBI's monetary ...
Several banks have recently revised their Fixed Deposit (FD) interest rates, offering better returns on your savings. With ...
(Pixabay) High-interest rate fixed deposits for super senior citizens ... Several leading Indian banks, including SBI, RBL Bank, Union Bank of India, Indian Bank, and Punjab National Bank ...
Among private sector banks, DCB Bank offers the highest interest rate of 8.05% for fixed deposits with a tenure of 19 to 20 ...
State Bank of India has published a research report, predicting a transition to a new tax regime, potential changes in fixed ...
Special bank deposits offer high interest rates for super senior citizens, with tax implications and account opening details ...
Currently, the interest earned on FDs is taxable, and if the amount exceeds Rs 40,000 (Rs 50,000 for senior citizens), it becomes subject to Tax Deducted at Source (TDS).
The State Bank of India (SBI) has introduced the SBI Patrons Fixed Deposit Scheme, specifically designed for super senior ...
Budget 2025 proposes raising the TDS threshold on interest earned from fixed deposits by non-senior citizens from Rs 40,000 to Rs 50,000 per annum, effective April 1, 2025. TDS is deducted by banks on ...