Monday, March 7, 2022

Best tax saving bank FDs vs post office TD: Which one is offering highest interest rate

Under Section 80C of the Income Tax Act, tax-saving FDs are eligible for a deduction of up to Rs.1.5 lakh. If you're looking to invest for the medium term while still saving money on taxes, these tax-saving FDs with a 5-year lock-in period could be ideal.

from Tax-Wealth-Economic Times https://ift.tt/ktoNbVX

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