What is the taxable amount for fixed deposit in local bank?
Let’s learn what is the taxable amount for fixed deposit in local bank. The most accurate or helpful solution is served by Yahoo! Answers.
There are ten answers to this question.
Best solution
Answer:
It seems you are asking about the returns (interest) on FDs. It is taxed as Income from Other Sources...
Ritu R at Yahoo! Answers Mark as irrelevant Undo
Other solutions
Is the TDS is deducted at the bank. But Our annual income is less than the taxable income. How to avoid the TDS deduction at Bank.
Answer:
If you have fixed deposits in bank and your income is not taxable income so first thing to be done from...
Munni at Yahoo! Answers Mark as irrelevant Undo
HEMANT at Yahoo! Answers Mark as irrelevant Undo
Answer:
Firstly - Any income you earn from a fixed deposit, even if it is just Rs. 100/- this income has to...
Anand Vijayakumar at Quora Mark as irrelevant Undo
I want to deposit a big amount in Bank as a Fixed Deposit. I want the Interest on fixed deposit I earned which Bank Mostly given to Me More & Better. Another I want to the Interest I earned getting me in monthly basis as pension or salary type.like...
Answer:
It depends on the bank. Different banks have different rates for fixed deposit. In my area it's around...
gowal147... at Yahoo! Answers Mark as irrelevant Undo
my question is i made fixed deposit for 1 lakh at the rate of 10.5 percent so that i am going to get an amount of Rs 10,500 so any way bank will deduct TDS for that amount for 10% my doubt is whether they will deduct by calculating the whole amount such...
Answer:
Bank will deduct the TDS if the interest paid or credited exceed Rs. 10,000/- in a financial year. They...
Praveen Raj S at Yahoo! Answers Mark as irrelevant Undo
What is the bank in UAE that gives the highest rate on fixed deposit? A deposit of USD. And is it true they charge 1% of the amount because it is in foreign currency?
Answer:
smart question .. im sorry i dont know but here's a list of banks in the UAE .. check them if you want...
RRSWDK6QIQZXUXDP4QO34ZNJQU at Yahoo! Answers Mark as irrelevant Undo
Hi, I am self employed working as a freelance interior designer. I do not have a bank account of my own. I would want to know if I'll be requiring a PAN card for getting a fixed deposit of around 2 Lacs. This money has been painstakingly saved over ...
Answer:
Yes, Any depoit beypnd Rs. 50,000/- require pan number, The option with you is either get the PAN Card...
Tanya K at Yahoo! Answers Mark as irrelevant Undo
i am having 12 lakh, i would like to invest these amounts. Can you please suggest, where to invest these amount and which one is better (Business, Bank fixed deposit or Share)? Business mean --which business is good? Fixed deposit mean ---which bank...
Answer:
Well lets take your options. Business: This would depend on one important factor, are you working currently...
sameer a at Yahoo! Answers Mark as irrelevant Undo
i had made fixed deposit Rs 1 lakh at the rate of 9.5 percent so that i will get Rs 9500 per year if i continue with out taking that amount for the second year i will get the intret of Rs 19000. my question is i am going to get Rs 19000 for the second...
Answer:
Bank will deduct the TDS if the interest paid or credited exceed Rs. 10,000/- in a financial year. So...
Praveen Raj S at Yahoo! Answers Mark as irrelevant Undo
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