Normal Term deposits are not exempt from tax and Interest on Term Deposits is subject to Tax Deduction at Source as per extant Tax laws.
Tax Rebates are available as per extant Tax laws under distinct Term deposit viz. Bharat Tax Saving Deposit.
Is the Term Deposit exempt from Tax or is any tax rebate available under any Term Deposit Option? Print
Modified on: Mon, 4 May, 2020 at 4:55 PM
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