Under the new tax framework, individuals with annual taxable income up to Rs 12 lakh will be exempt from tax obligations, while higher-income earners could realise savings up to Rs 1.1 lakh through ...
Fixed deposits are one of the safest and most reliable investment options available. However, estimating the returns ...
For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...
A fixed deposit is a trusted financial instrument that has been a popular choice for conservative investors for decades.
The government expects income tax-related measures announced in the Union Budget 2025-26 to lead to additional bank deposits ...
Fixed deposits (FDs) are a popular investment option due to their predictable returns and stability compared to other ...
For senior citizens who invest in fixed deposits, interest income earned by them beyond Rs 50,000 attracts TDS at 10% rate, ...
The enhanced TDS thresholds on senior citizen deposits will come into effect from the Financial Year 2025-26, starting from ...
A Super Senior Citizen is an individual resident who is 80 years or above, at any time during the previous year.
Tax measures announced in Budget 2025 will have a wide-ranging impact on individual taxpayers across income brackets, as also ...
Some tax relief measures have been introduced in the budget for senior citizens, including an increased tax deduction limit ...
SBI offers a loan against fixed deposit and the interest rates are usually lower when compared to other loans.