WebThe list of specified investment products in Section 80C of the Income Tax Act allows for tax savings of up to Rs 1.5 lakh every fiscal year. They include tax-saving fixed deposits … WebMar 31, 2024 · The last date of completing tax savings for current financial year is March 31, 2024. If an individual opting for old income tax regime in current financial year does not …
National Saving Certificate (NSC) vs SBI five year bank fixed deposit ...
WebDual benefits of attractive interest rates and tax saving. Invest as small as ₹ 10,000. Get tax deduction up to ₹ 1,50,000 under Section 80C. Flexible interest pay out – monthly, quarterly or reinvestment in principal. *Assured returns are subject to change due to Tax Deducted at Source (TDS), wherever applicable. Web5 hours ago · Tax on FD: Fixed deposits or FD is considered one of the safest investment options and some banks provide a facility of tax saving FDs which comes with a dual advantage of saving tax as well as building wealth for the future. If you have also invested money in tax-saving FD, you will be able to claim a deduction under section 80C of up to … options geek promo code
Section 80C deduction - New income tax regime vs old tax regime …
WebApr 14, 2024 · To invest in a fixed deposit monthly interest scheme, you must fill out the application, submit all relevant documents, and deposit money into the scheme. ... Tax … WebDec 22, 2024 · The current Sukanya Samriddhi Yojana interest rate for January to March 2024 is 7.6%. Under Section 80C of the Income Tax Act, Post Office Sukanya Samriddhi … Web2 days ago · In contrast, the country’s largest lender, State Bank of India, is offering 6.5% for fixed deposits over five years. ... investors can claim deduction under 80C of up to Rs1.5 lakh for investing ... options gahanna