Up to 7.9% interest rate on tax-saving FDs: Latest senior citizen tax-saving FD rates of private, PSU banks

Tax saving fixed deposit provides a tax deduction under Section 80C of the Income Tax Act, 1961 of up to Rs 1.5 lakh annually. Here is a look at the interest rates offered by private and public sector banks on five-year tax-saving FDs.

from Tax-Wealth-Economic Times https://ift.tt/OVgxI3N