Although Fixed Deposits are not eligible for tax sops, those that are held for five years or more qualify for tax deductions under Section 80C of the Income Tax Act. Here’s a sneak peek.
No other debt instruments are as tax efficient, secure and attractive on return prospects in comparison to PPF. Let us take a look at other investment options if PPF rates fall further.
Did you know that you can apply for a Credit Card against your Fixed Deposit? We’ll tell you all about the benefits and why it could be a wise financial move.