Fixed Deposit: Nominee vs Legal Heir

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Investing in fixed deposits (FDs) is popular for those seeking stability and guaranteed returns. However, understanding the roles of nominees and legal heirs in the context of FDs can be confusing. A common issue for many investors is the uncertainty about who will receive the FD (Fixed Deposit) funds in the event of their demise….

How to Download a Fixed Deposit Interest Rate Certificate Online?

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Fixed deposits are a popular investment. They offer good returns over time. However, if these returns exceed a threshold amount, they’re taxed. In that case, banks deduct the tax at source as per the Income Tax Act of 1961. For investors, the Tax Deducted at Source (TDS) certificate is important. It shows the tax deduction…

How Does a Fixed Deposit Account Work

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One of the best options for people seeking guaranteed returns is a fixed deposit. A fixed deposit account guarantees interest on the money deposited for a specified tenure. This means that the funds sitting idle in your savings account can generate higher returns if you open a fixed deposit. But how do FDs work, and…

What is the Fuel Surcharge Waiver on a Credit Card?

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Summary: A fuel surcharge waiver reduces or eliminates the fuel surcharge imposed on credit card transactions. It offers various benefits to credit cardholders, like cost savings, convenience, enhanced benefits, and more. With IndusInd Bank’s assortment of feature-rich credit cards, customers can further enhance their fuel spending and enjoy a variety of other perks. Credit cards…

What is Udyog Aadhaar and How Does it Benefit MSMEs?

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You must be familiar with the Aadhaar number issued by the Unique Identification Authority of India (UIDAI), which serves as an identity and address proof for all citizens. But did you know there is a similar identification document for businesses called Udyog Aadhaar? Udyog Aadhaar is particularly tailored for businesses to access funding and government…