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    Tax Planning

    Best interest rates on tax saving FD in India – Jan-2013

    By Suresh KP Updated: Not yet rated 1 min read
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    Best interest rates on tax saving FD in India–Jan-2013; Interest rates on FD

    Best interest rates on tax saving FD in India – Jan-2013

    Tax saving investment options helps us to save income tax. Though there are various tax saving schemes, one of the top tax saving scheme is investing in tax saving fixed deposits (FD). Interest rates on FD in India are falling month on month. We expect that interest rates would further fall in 2013. However there are banks in India which are offering best interest rates on FD. Below are the some of the best interest rates on FD (Tax saving FD) you can invest and benefit for 2013.

    Best interest rates on tax saving FD in India

    Best interest rates on tax saving FD in India–Jan-2013; Interest rates on FD

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    Suresh
    Topic: Best interest rates on tax saving FD in India

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    Suresh KP
    Disclaimer: This article is for education and comparison only and is not investment, insurance or tax advice. Suresh KP is not a SEBI-registered investment adviser. Investments are subject to market risks. Read all offer, scheme and policy documents carefully before making any decision. Tax rules change often; verify with the current law or a qualified tax professional.
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    8 comments

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    1. samir

      i am employee in educational field i have 45000 income per month i want to make my portfolio diversified in various sectors like ppf, bank fd, mutual fund, stock exchange, tax saving scheme, retirement plan,etc so please give me the sugessions in that regards thanks 

    2. Rahul

      this year i had to pay a IT of Lum sum  RS 30K, i don't want to do that next year. what Should I do Now..?? I am Govt Employee. Please Help. And Explain The Concept of MUTUAL FUNDS Please i want to invest in it. But Afraid b'coz Don't know much about it. Help ASAP

      Thank you. 

      1. Rahul, Please check why you have paid IT in current year pertaining to last year. Is it because of Bank FD interest tax or short term capital gain from stocks or mutual funds ? If you know root cause then you can avoid.

    3. Jayalakshmi

      Very good information…. Thanks once again

      Jaya Bhat

    4. Hi your informations are very useful.  Continue writing.  Best of luck.

    5. Dakshina Murthy Chitti

      Dear Suresh,

      Good information at a glance. Two questions…. what is min & max amount in Rs. and what is the additional ROI for Sr.Citizens.

      Regards

      Dakshin

      1. Thanks Dakshin. There is no maximum amount to be invested here. However you can get tax exemption U/S 80C for maximum of Rs 1 lakhs for all options put together. Regd Sr. Citizens the rates are 0.5% higher than the normal rates at all banks.

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