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Taxation

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    R

    FDs are safe, but you need to diversify your investment to get better returns and risk management. With FDs your can secure your future and it’s a good idea. To understand the FD Taxation and Planning, you need to understand these points:

    If your total FD interest exceeds to Rs.40,000 then bank will deduct 10% TDS annually. There is a a procedure of taxation on maturity of your FD. Your annual tax liability may vary. So its better to do some -tax saving investments like PPF and ELSS.

  • 1 Topics
    2 Posts
    R

    The Indian Income Tax Department clearly states that you must pay a 30% tax on cryptocurrency profits. There is no other way to avoid this tax.

  • 2 Topics
    4 Posts
    R

    The Indian Income Tax Department clearly states that you must pay a 30% tax on cryptocurrency profits. There is no other way to avoid this tax.

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