SBI's multi-option deposit account is the only one in the market to allow this facility of liquidity in fixed deposits
While safety holds supreme to conservative investors, taxes matter too. Consider post-tax returns when you are comparing two investment options
Several individuals including avoid filing income tax returns as they do not want to declare their earnings from various sources
How to file ITR: If you approach a bank for home, car or personal loan, they ask for your income tax return filings of previous years
The new provisions will be applicable to purchase of goods, increased TDS rates for non-filers, and the pension of senior citizens
I-T department said it had received representations about practical difficulties in implementing TDS provisions in case of transaction via exchanges
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The new rules are expected to make the society more tax complaint and also make sure to facilitate this process easily
Recurring deposits: Investment planners feel that RD is a basic investment instrument and one can start one even with his/her pocket money
Budget 2021 had brought in a provision which mandated that non-filers of ITRs for past two fiscal years would be subjected to higher TDS