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Know everything about Form 15G and Form 15H

Fixed Deposits are one of the most preferred investment options for most investors due to fixed interest rate and attractive returns. However, the interest earned from a Fixed Deposit is fully taxable. As per the recent Interim Budget, TDS... Read More

What is TDS on Fixed Deposit?

Tax deducted at source (TDS) on FD can range from 0% to 30%, depending on your income tax bracket. If your interest earned is more than Rs.10,000 in a year, the TDS deducted is: 10% if your PAN details are provided 20% if your PAN details are not... Read More

Demonetisation of High Denomination Notes in India

Demonetisation of currency is a radical monetary step in which a currency unit's status as a legal tender is declared invalid. This is usually done whenever there is a change of national currency, replacing the old unit with a new one. Such... Read More

Tips to get out of debt

Are you in debt and don't know how to get out of it? Here are six tips to get you started. Make clearing debt a priority For the moment, don't look at avenues to invest your money. Just look at channelising all your funds towards getting debt-free.... Read More

Health Insurance - Answers to Commonly Asked Questions

Why do I need health insurance? Everyone is exposed to various health risks. If you have not purchased any Health Insurance plan, you end up paying hefty medical bills in the event of hospitalization out of illness or injury from your own pocket.... Read More

How does Indian government generate its revenue?

The 5 major sources of revenue for the Government are Goods and Services Tax (GST), Income tax, corporation tax, non-tax revenues, and union excise duties. On the other hand, non-tax revenue is the recurring income earned by the government from... Read More

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