Tax saving fd

This query is : Resolved 

06 November 2013 Sir,
Can I invest in Tax savings FD either in Bank Of India Star Sunidhi Tax Saving Deposit scheme or State Bank of India Tax Savings Scheme 2006 (SBITSS) for tax saving fd? This scheme is tax saving or not?

06 November 2013 Both are tax savings FD , it shows the name itself, presently FD in 5 years terms is eligible for deduction u/s.80C. you can check the same and deposit

06 November 2013 Advisable to get it confirmed from bank.


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