Answers Home | Rupee Times

Ask your Question    (100 characters left) Search for questions:      Advanced Credit Cards Car Loans Home Loans Personal Loan Education Loans Fixed Deposits Savings Accounts Miscellaneous Bank ATM Auto Loan Bad credit Loan Recovery Recovery Agents Indian Bank Canara Bank Corporation Bank Loan Calculator credit card fraud HSBC Bank Vijaya Bank Deutsche Bank Credit history Credit score Used car loan Saving Account Fixed Deposit Loan Finance ICICI Bank RBI SBI Disha HDFC ABN Amro CitiBank EMI Calculator Kotak PNB Barclays Home Loan Personal Loan Credit Card Interest rate Resolved Question: Show me another i want to invest rupees 50 thousand for next 15 to 20 years pls give me the advise . In Fixed Deposits  -  Asked by ashok kumar awasthi -  1 year ago Best Answer: There are many bank schemes and also mutual funds, or can invest in LIC policy, etc. Before investing in any of these schemes check after what limit you have to pay tax. For long term investment choose schemes in which you get maximum time limit of tax exemption. Also check the details of the scheme so that your money is safe. 1 year ago - By Uday Other Answers (2) show: Newest to Oldest Oldest to Newest Answer 1. Invest in any scheme better to invest with nationalized bank schemes but must read terms and conditions carefully so that later you don't end paying high tax on your investment. 1 year ago - By Ronak Answer 2. You can opt for different schemes as fixed deposit, SBI MOD scheme, banks mutual funds. The interest amount received through Fixed Deposit (FD) is taxable income. The TDS for the interest income is 10% for the total income. If the total interest amount of up to Rs.10000 is not taxable. If the total amount exceeds Rs.10000, 10% will be deducted as the tax. Under Po MIS and Po recurring deposit you get the same interest exemption of up to Rs.9000 along with incomes from other approved investments under section 80L. Quantum of Rebate under section 88: a. 30% to those whose income does not exceed on lakh rupees subject to (i) income chargeable under head salaries (before giving deduction under section (16) does not exceed Rs. One lakh (ii) income chargeable under the head salaries is not less than 90 per cent of gross total income. b. 20% to those whose income does not exceed Rs.150000 c. 15% to those whose income exceeds Rs.150000 but does not exceed Rs.5 lakhs d. No rebate to those with income of more than Rs.5 lakhs 1 year ago - By Lovely Answer: Open Questions Fixed Deposits for those having age of 55 and above i want know my account balance in sbi Hi , I am planning to invest 1.5 lakhs for my new born daughter , can you please suggest best plan. i would like deposit 15 lak for 5 year but i need to get monthly interest how much percentage If i deposit Rs.250000 as FD FOR 3 years in SC ac how much i willget end of 3rd year? View All Discover: Resolved Questions which scheme of interest rate is better between compounding and fixed interest rate on fixed deposit I want 2 lakh rupees invest in fixed how much interest will get in per month i want to open fixed deposit of rupees 10000/- in sbi. how much interest rate for this amont i want to invest Rs 20,000.00....which scheme and Bank will give me more interest rate. I will keep 50k as FD in any Bank for 15 years. How much i will receive after 15 years in hand. View All Vote: Undecided Questions No question found. COMPARE RATES Get best FD rates Best FD rates by banks Compare Car Loan Rates for a used car Get best bank for Home Loan Show All... COMPARE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   CALCULATORS Fixed Deposit Interest Income Calculator Credit Card Balance Transfer Savings Calculator Car Loan Amount by EMI Calculator Car Loan Amount by Down Payment Calculator More Calculators... CALCULATE QUICKLY  Select a product: Credit Cards Car Loans Home Loans Personal Loan Fixed Deposits Savings Accounts Education Loans   NEWS THIS WEEK • To create financial awareness, RBI organizes camp in northeast Feb 10, 2012 • FCNR (B) deposit rates revised by Vijaya Bank Feb 9, 2012 • RBI instruct banks to display details of unclaimed deposits on their websites Feb 8, 2012 • Doorstep banking facility launched by YES Bank Feb 8, 2012 • Manappuram Finance and Manappuram Agro Farms banned from accepting deposits by RBI Feb 7, 2012 News Archive EDITORS' PICKS ICICI Bank’s recurring deposit scheme Fixed deposits in India: Benefits,... Carnival of Indian Personal Finance Blogs #2 FD: Opportunity for retirees to diversify... How to Invest to Save?

Privacy Policy | Terms & Conditions | About Us | Advertise with us | Resources | Site Map © 2009. All Rights Reserved.