Do you need to pay tax on interest earned in NRE Fixed Deposit account?
Interest earned on NRE or Non Resident External Fixed Deposit Account is tax free provided you maintain your NRI status. … Read more
Interest earned on NRE or Non Resident External Fixed Deposit Account is tax free provided you maintain your NRI status. … Read more
NPS or National Pension Scheme is a defined contribution scheme introduced by the Government to encourage the people to save and … Read more
SIP i.e. Systematic Investment Plan is a common method followed for wealth creation in the long run.SIP is just a method … Read more
Ans.The rebate U/s 87 A shall be Rs.5000 for the financial year 2016-17. To get further information about the section … Read more
Ans. In case of home loans, fixed rate of interest is one where the interest rate remains constant during the … Read more
Ans.The minimum lockin period for ELSS is 3 years from the date of investment. For further details refer blog on … Read more
Ans.Besides,investing in jewellery,one can invest in gold in the following ways : Gold ETFs Gold coins and bullion Gold mutual … Read more
Ans.Investing in FDs has been a traditional method of saving by Indians.But, there are numerous other ways to invest your … Read more
Ans.The deduction for home loan can be claimed under 3 different sections as follows : For further details regarding Home … Read more
Ans.No,since it is FD interest, Mrs.Roshni cannot claim deduction U/s 80 TTA.This deduction is available only on interest earned on … Read more