In case of bank fixed deposits or FDs, the interest income is taxed according to your slab. But in debt funds, you get the indexation benefits if you remain invested for three years or more.
3 min read20 Aug 2018The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared