Interest earned on FDs is taxable, with tax deducted at source (TDS) if it crosses a specified limit. Budget 2025 raised the ...

The Reserve Bank of India on February 7, 2025, cut the repo rate—from 6.50% to 6.25%—for the first time in nearly 5 years.

Due to fixed returns and low risk, even today many investors prefer fixed deposits (FDs) despite many investment options.

In the Budget 2025, FM Nirmala Sitharaman announced a new TDS compliance threshold for individuals, senior citizens, and ...

Introduced in Lok Sabha on Thursday, the bill seeks to achieve tax certainty by minimising the scope of litigation and fresh interpretation.

The PAN Card was introduced to help the IT Department fight tax evasion. This unique 10-digit number offers a streamlined ...

Considering the recent changes in the new tax regime during the Budget 2025, one of my blog readers asked "Are Bank Fixed Deposits Up to Rs.1.5 Cr Tax-Free?".

Investing does not have to be complicated. In fact, sometimes the simplest options are the best; take Fixed Deposits for ...

The interest earned on FD is fully taxable, which is considered ‘income from other sources’. The amount of TDS collected on ...

Rs 1 lakh TDS threshold for senior citizens on fixed deposit interest reduces procedural hassles but doesn't exempt them from ...

Banks are expected to start lowering the rates on FDs in alignment with the decrease of the benchmark lending rate by the ...

Salaried taxpayers often face higher tax deductions at source (TDS) on their salaries despite having paid TDS or tax ...