TDS on bank fixed deposit schemes: Your FD may not fetch 7-9% interest after tax1 min read 25 May 2023, 08:47 AM IST
Bank fixed deposits (FDs): Experts suggest diversifying investment portfolios with market-linked products like mutual funds for higher returns
Investing in bank fixed deposit (FD) is considered to be safe and is a popular investment tool, But are you aware that the post-tax return on such investments is generally lower than the bank's offered interest rate. Yes, if you are getting an interest rate of 7 of 8 per cent on a term deposit, it does not mean that you will be getting the same rate post-tax deductions.
Select your Category