Ostroff, Fair and Company
*Ostroff, Fair and Company>>>India Taxes

What are tax rates and minimum interest per annum is applicable for for the money gained from fixed deposits ?


well, i m just asking only for india.

If interest receivable is more than 5000 then there will be TDS at the rate of 10.2%. and while u will assessing your total income the gross interest will be added to your income and it will taxlble at normal tax rates and computing net tax liability u can less your TDS on interest and balance tax will be pay
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