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
is the interest earned on FD taxable?
In Fixed Deposits  -  Asked by srikanth -  7 years ago

Best Answer:
Yes.

In case of FD, the interest is charged at 10.3% on the interest earned only if the interest is more than Rs 10,000 in one year.
This interest is deducted at source ( TDS ). ie. tax on interest is deducted and the balance is given back as maturity amount. But if the interest earned per year is less than Rs 10,000 on the fixed deposit, then no interest is charged.

The only account where interest is not taxable is PPF or EPF or GPF.
7 years ago - By Asheesh Joshi

Other Answers (0)
Answer: Open Questions
No question found.
Discover: Resolved Questions RSS
995371__safi__0545 /escorte service in delhi
FEMÄLE ÉSCÖℝT _995371__nitu__0545 SERVIÇES FEMÄLE ÉSCÖℝT GíRL ÉSCÖ&#
Mohali: EsCoℜT In ChAnDiGaRh 09855660911 Mohali ~CaℒL GiℛℒS Service In Panchkula CaℒL Giℛℒ In Mohali
MOHALI 09988299661 CALL G-I-R-L-S IN ZIRAKPUR E-S-C-O-R-T SERVICE IN CHANDIGARH.
Mohali! escoℛt In Panchkula O9855660911%Baddi CaℒL GiℛℒS service In ChAnDiGaℛh ~Call gIℛℒ In Mohaℒi
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:
 

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:
 

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive
EDITORS' PICKS
Things you should know while filing income...
An Overview of Wealth Management Services...
FD: Opportunity for retirees to diversify...
Know about corporate fixed deposits
Do you know what led banks to calibrate...