Sentences with phrase «recurring deposit scheme»
Post office savings recurring deposit scheme yeilds are better for senior citizens.
http://www.mydailylifetips.com/
Now let's invest this Rs 4346 per annum in a monthly recurring deposit scheme.
The tax deducted at source or TDS is something that almost every person is exposed to when investing in fixed deposit and recurring deposit schemes at banks and financial institutions.
Not exact matches
Dear Ramadoss ji, I believe that the Interest income earned on Fixed Deposits & Recurring Deposits (Banks / Post office schemes) only are qualified for the tax deduction u / s 80TTB.
For Senior Citizens, the Interest income earned on Fixed Deposits & Recurring Deposits (Banks / Post office schemes) will be exempt till Rs 50,000 (FY 2017 - 18 limit is up to Rs 10,000).
A Recurring Deposit, popularly known as RD, is a unique term deposit scheme offered by the banks.
It also includes the funds that are currently invested in various instruments like fixed deposits, equity - linked saving schemes, recurring deposits, national saving certificates, kisan vikas patra, etc..
Presently a few different types of fixed deposit schemes are available, like term or recurring fixed deposit, and tax saving fixed deposit schemes.
Distinguish tax - saving schemes like PPF and other pension schemes, from usual investments of fixed deposits or recurring deposits and make the most out of them.