SAVING BANK INTEREST
This query is : Resolved
30 October 2010
CAN ANYBODY TELL ME THE BASIS OF CALCULATION OF SAVING BANK INTEREST RECEIVED FROM ANY NORMAL BANK?
REGARDS,
DEVENDRA
REGARDS,
DEVENDRA
31 October 2010
Hi,This was on monthly basis on minimum balance from 10th-month end.Now on daily product basis.
31 October 2010
Presently, the Savings bank account getting the interest on daily balance method, actual interest will be calculated on balance in the account in every day basis
You need to be the querist or approved CAclub expert to take part in this query .
Click here to login now
Click here to login now
Similar Resolved Queries
Unanswered Queries
- Multiple payment of self assessment tax for A Y 2025-2026
- CAPITAL GAIN REDEVELOPED FLAT
- REGARDING ITR FILING QUESTION
- Requirement under FEMA &RBI
- CLOSING STOCK QUERY
- GST ISD Query on various AMCs
- ITR 44AD SECTION
- Missed TDS
- Rent claimed on building given on permissive possession basis
- F&O reporting in ITR
- Correction in TDS return New Traces Portal
- Concept of Vendor and customner reconciliation
- Mistake in e-invoice identified after 24 hours
- EXPORT PAYMENT
- NRI ITR2 account in 2025-26.
- Query regarding reporting of exempt foreign remuneration in ITR (AY 2026-27)
- FEMA/RBI treatment — Amazon.ca arbitrage (US buy, Canada sell, goods never enter India)
- Goods return by customer
- INWARD REMITTANCE FOREIGN
- CPC and SAC
Trending Online Classes
-
DT & Audit (Exam Oriented Fastrack Batch) - For May 26 Exams and onwards Full English
CA Bhanwar Borana & CA Shubham Keswani
Subscribe to Pro
Join an elite circle of professionals
CAclubindia
