As per the Union Budget 2015, all term deposits will be subject to a tax deduction at source (TDS) of 10% on the interest amount, if it’s more than Rs. 10, 000. Read on to know more about the whole deduction process.
There is no denying the fact that the moment the new year comes around, lots of people suddenly wake up and realise that they haven’t got their tax saving investments in order and they now have to face the prospect of having to pay a hefty sum in the form of tax. Here are some investments to help you save on your taxes.
Making calculations to figure out how you can save on taxes is not everyone’s cup of tea. You need to effectively plan and invest in order to do this and things could get a little confusing. As an individual tax payer you can save on taxes, through different kinds of investments. Here’s a quick and easy guide to help you get things under control.
Investing in silver has always formed an important part of the investment portfolio for most investors in India. It’s considered as the second most popular precious metal in India and investing in silver could be beneficial. Here are some things to think about before investing in the shiny metal.
If you’ve found your match made in heaven, we can now help you find your match in financial products. BankBazaar has a range of products for you all in one place. What’s more, we’ll give you all the help you need to find the one product (or several) that’s perfect for you! Visit us to know more.
When in doubt about what to do with your extra cash, open a Fixed Deposit. It’s the smartest and safest option to choose. Wondering how much interest you will earn on your Fixed Deposit account? Here’s a comprehensive list of top-tier banks (public sector and private) that give you excellent returns. You can thank us later!
Looking to make an investment with big returns? Investing in a new property is a good idea. You must have several questions, right? Where to invest? How to invest? What’s the right time for a new investment? Read on for a few tips on buying a new property. Learn about factors that affect the growth of your investment. We’ll also give you advice on negotiating and financing your purchase.
Banks these days offer a sweep-in facility on your Fixed Deposits which can help you save money. You can also opt to have a flexi deposit option on your Fixed Deposit which combines the features of both fixed and savings accounts. Know which of these will be a better choice for you.
Need cash urgently and wondering whether to break your Fixed Deposit for some liquid funds or should you opt for a Loan against Fixed Deposit? The answer to this question depends on several factors. Let’s compare the pros and cons of both these options. You can make your choice depending on which option works better in your situation with minimal financial loss.
We all give considerable thought to tax saving. This is an important aspect of financial planning. You must consider Life Insurance policies, a Health Insurance policy, for you and your parents, and pension plans and you can save on taxes. This is your quick guide to understanding how you can save taxes with insurance products. Read on to learn the basics and know how it works.