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Tax planning

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(Querist)
14 January 2018 FD rate and savings bank rate of interest is almost the same these days . From tax implication point of view which is more advisable ?
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RAJA P M

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RAJA P M (Expert)
14 January 2018 Saving Bank Interest is Tax Free upto 10k... FD interest is Taxable under Income Tax... FD amount can't taken on every time... SB amount will be taken any time... FD interest is Higher than SB interest... Option only about the depositor's requirements...
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