Budget 2025-26 proposes tax changes to boost bank deposits by ₹40,000-45,000 crore, improving liquidity and credit growth.

Budget proposals could help banks mobilize an additional ₹45,000 crore in deposits in 2025-26, boosting liquidity and credit ...

For senior citizens investing in fixed deposits, the threshold for TDS on interest income exceeding Rs 50,000 was raised to ...

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 ...

A fixed annuity offers a reliable income stream with a guaranteed interest rate. Learn how fixed annuities work, their ...

The enhanced TDS thresholds on senior citizen deposits will come into effect from the Financial Year 2025-26, starting from ...

M Nagaraju, Secretary of the Department of Financial Services, said the Budget move is expected to bring an additional ...

State Bank of India has published a research report, predicting a transition to a new tax regime, potential changes in fixed ...

Factors considered in evaluating the investment profile of fixed income include credit risk, time risk, inflation risk and ...

The State Bank of India (SBI) has introduced the SBI Patrons Fixed Deposit Scheme, specifically designed for super senior ...

The Government's endeavour has been to promote the new tax regime, and personal tax changes in the last few Budgets have been ...

For senior citizens who invest in fixed deposits, interest income earned by them beyond Rs 50,000 attracts TDS at 10% rate, ...