Tax Benefits of Fixed Deposit

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Securing a portion of your assets in stable and reliable instruments is crucial. One such financial tool that stands out is the Fixed Deposit (FD). Offering safety, guaranteed returns, and tax benefits, FDs are a favoured choice among risk-averse investors. With financial institutions providing attractive fixed deposit interest rates, the benefit of FDs is further…

Monthly Interest Fixed Deposits: Benefits, Calculations, and How to Start

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Fixed Deposits (FDs) can help you achieve a wide variety of goals, from short-term plans like a vacation to long-term objectives like higher education. If your goal is to earn passive income, then a monthly interest FD is the right option. These deposits provide interest payouts every month so that you have a stable cash…

How to Use a Fixed Deposit Calculator?

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When it comes to managing personal finances, a fixed deposit (FD) is a popular choice among investors for its safety and reliability. The structured nature and guaranteed returns of fixed deposits provide peace of mind to investors who are risk-averse. However, an essential tool for anyone considering an FD is the fixed deposit calculator, which…

Benefits of Short Term Fixed Deposits

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In today’s dynamic financial environment, the quest for safe and reliable investment options frequently leads individuals to Fixed Deposits (FDs). While there are varied investment choices available, short term fixed deposits stand out as an attractive option for those seeking stability, capital protection, and predictable returns within a brief time frame. Understanding Short Term Fixed…

Tax Saver FD vs Regular FD – What’s the Difference?

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A fixed deposit (FD) investment can yield various benefits, of which assured returns, safety of the principal amount, and flexibility are only a few. But, did you know that by choosing a specific type of FD, called the tax-saver FD, you can save tax and enjoy the benefits of fixed deposits? These FDs provide tax…