Tax Planning with Fixed Deposits: A Comprehensive Guide
Posted on Friday, February 2nd, 2024 |

Saving taxes is an important part of effective financial planning. Tax-saver fixed deposits allow investors to earn steady returns while reducing their tax liability. Optimizing available deductions can meaningfully boost overall returns. Read on to learn more about tax-saver fixed deposit interest rates and how they help save taxes. What is a Tax Saver Fixed…
Read moreRisk and returns: A Comparative Analysis of FDs and RDs
Posted on Friday, February 2nd, 2024 |

Fixed deposits and recurring deposits are among the popular options for earning steady returns with low risks. Both these options are preferred by conservative investors who wish to park their savings in secure instruments. While fixed deposits provide lump sum returns at maturity, recurring deposits facilitate monthly savings and returns. This article will analyze and…
Read moreThe Impact of Inflation on Fixed Deposits
Posted on Friday, February 2nd, 2024 |

Inflation is an inevitable reality, reflecting the gradual increase in prices over time. In 2023, this trend was evident in India, where the inflation rate fluctuated around 5.5%. This increase affects various aspects of life, such as daily expenses, housing costs, education fees, healthcare, and travel. In this mix of impacts, investments such as fixed…
Read moreSmart Ways to Diversify your Portfolio with Fixed Deposits
Posted on Wednesday, January 31st, 2024 |

Who doesn’t wish to grow their money with minimal risks? Everyone appreciates those extra gains. However, each investment carries some risks. While the expectations of high returns often come with the risk of equally high losses, there is an investment option that promises stability and predictability: fixed deposits. Fixed deposits let you invest your funds…
Read moreSenior citizens and fixed deposits: Benefits and considerations
Posted on Wednesday, January 31st, 2024 |

For senior citizens who have spent a lifetime working hard, saving, budgeting, and investing, it’s now time for relaxation. However, relaxing doesn’t mean leaving your hard-earned money untouched or sitting idle. It’s about finding the right balance between earning returns and ensuring the security of your funds. After all, as you approach a peaceful retirement,…
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