tax on fd maturity

Others 215 views 3 replies
is maturity of FD is taxable?
what is the rate of tax?
Replies (3)
The rate of tax in FD is 10%.If pan card is linked.

No, the principal amount received on maturity of FD is not taxable.

Only the interest amount is liable for TDS @ 10%.

yes,interest amount is liable for tax.


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