Fixed Deposit Tax Deduction Available under Section 80C of the Income Tax Act
Posted on Thursday, February 6th, 2025 |

The Section 80C of the Income Tax Act offers a major tax deduction, which you can avail by investing in/opting for various financial instruments. One of these is a tax-saving fixed deposit (FD). It is a particularly ideal option if you want the safety of your capital and steady returns while also enjoying tax benefits….
Read moreAnnuity Plan vs Fixed Deposit – Know the Differences
Posted on Thursday, February 6th, 2025 |

There are a variety of investment options out there, from high-risk equity stocks to government-backed savings schemes. But, if you are planning for a long-term goal, such as retirement or your child’s marriage, it is crucial to choose options that are safe and reliable. Annuity plans and fixed deposits (FDs) are two choices you can…
Read moreHow to Grow Your Wealth Through a Fixed Deposit Account?
Posted on Thursday, February 6th, 2025 |

In an era where financial stability and growth are paramount, finding a secure and effective way to grow your wealth is vital. One such reliable method is through a fixed deposit account. A fixed deposit (FD) is a financial instrument provided by banks and financial institutions that offers investors a higher interest rate than a…
Read moreDebt Funds vs RD: Which is a Better Option?
Posted on Thursday, February 6th, 2025 |

When it comes to secure, low-risk investments, two options you may across are Debt Funds and Recurring Deposits (RDs). Both offer the potential for steady returns while allowing you to enjoy lower risks. However, they have different characteristics that make them suitable for different financial goals. So, if you are wondering what to choose –…
Read moreTax Benefits of Fixed Deposit
Posted on Wednesday, February 5th, 2025 |

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…
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