Month: April 2023

Bond vs Fixed Deposit vs Debt Mutual Fund Taxation

Matalia

8 April 2023

Bond vs Fixed Deposit vs Debt Mutual Fund Taxation

Fixed Deposit Taxation Earning of fixed deposit interest is fully taxable under “Income From Other Sources”. Tax on FD depends tax bracket of an individual. TDS is applicable on interest on FD when an amount interest increase by Rs 40000 per annum, 10% TDS will be deducted by bank at time of credited interest annually. Bond vs Fixed Deposit vs Debt Mutual Fund Taxation

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