I generally maintain a balance of around Rs 5-6 lakh in my savings bank account. I have also recently invested in a bank FD for Rs 5 lakh for three years. Please let me know whether my bank FD interest or savings bank interest will attract any TDS provisions. Ankit Reply by Rajiv Bajaj, Chairman … Read more
With the inclusion of India’s government securities (G-Secs) in the global bond index, there could be a huge inflow of FPI money, says Abhijit Roy, CEO of GoldenPi. In an interview with Navneet Dubey of BT Money Today, Roy delves into the intricacies of G-Secs, emphasising why they now present an opportune moment for investors to consider … Read more
The Reserve Bank of India’s (RBI’s) decision to keep the policy repo rate unchanged offers significant relief to home loan borrowers. As RBI maintains a status quo, the equated monthly installments (EMIs) are unlikely to see a surge. Borrowers who were bracing for a hike can breathe a sigh of relief. The RBI’s Monetary Policy … Read more
With bank fixed deposit (FD) rates hardly moving beyond the 6 per cent mark in a highly inflationary environment, dividend stocks are gaining traction. However, a handful of stocks have not only filled investor pockets with dividends but have also given handsome returns in a ruthless market. The list of such win-win stocks include Nifty … Read more