Investment
This query is : Resolved
16 June 2014
Hi,
I want to invest in:
1. Shriram
2. DHFL
3. HDFC
in senior citizen's fixed deposit schemes.
Please advise which one is the best, and will there be any TDS deducted.
I want to invest in:
1. Shriram
2. DHFL
3. HDFC
in senior citizen's fixed deposit schemes.
Please advise which one is the best, and will there be any TDS deducted.
16 June 2014
for the sake safety:
1. HDFC
2. Shriram
3. DHFL
TDS shall be deductible depending upon interest earned and submission of Form 15H
1. HDFC
2. Shriram
3. DHFL
TDS shall be deductible depending upon interest earned and submission of Form 15H
16 June 2014
i am a senior citizen, so if i submit form 15(H) along with my PAN details, i think TDS wont be deducted.
Say I have 5 lac with me.
So shall i invest in this way?
1. HDFC - 3
2. Shriram - 1
3. DHFL - 1
OR in what proportion would you suggest.
Say I have 5 lac with me.
So shall i invest in this way?
1. HDFC - 3
2. Shriram - 1
3. DHFL - 1
OR in what proportion would you suggest.
16 June 2014
yes, if you submit Form 15H, tds wont be deducted
Sir, the proportion should depend your expectations. HDFC would offer you maximum safety on principal amount.
I would suggest that you can start with 3:1:1 ratio (same as you proposed) and later on shift the investments if you are not satisfied with any of the company.
Sir, the proportion should depend your expectations. HDFC would offer you maximum safety on principal amount.
I would suggest that you can start with 3:1:1 ratio (same as you proposed) and later on shift the investments if you are not satisfied with any of the company.
16 June 2014
Nikhil,
I am looking for doubling the amount in 5 or 5+ years..
I am looking for doubling the amount in 5 or 5+ years..
16 June 2014
Sir i dont think any good fixed deposit investment option can double the money in 5 years
16 June 2014
ya...but that isn't 5 years.
16 June 2014
Sir, I appreciate your tone...we are here to answer your questions as you ask them. you asked for 5 years, and so it was answered. I am not here sitting to take your condescending tone...
16 June 2014
Dear Nikhil,
You can check anywhere above if i specified as 5 years only. I told 5 or 5+ years.
Okay, whatever, thanks for your suggestions.
But I did not talk in a condescending tone.
That was just a question.
You can check anywhere above if i specified as 5 years only. I told 5 or 5+ years.
Okay, whatever, thanks for your suggestions.
But I did not talk in a condescending tone.
That was just a question.
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