Understanding the tax implications of fixed deposits is essential for investors. The Interest on Fixed Deposit Taxable as per the income tax laws of India. It falls under the head “Income from Other Sources” and is subject to tax based on the investor’s income tax slab. TDS is also applicable if the interest exceeds a certain limit. Learn how interest on fixed deposit taxable can affect your financial planning and how to manage it efficiently with PlanNProgress.
https://www.plannprogress.com/fd-rates-in-india
Interest on Fixed Deposit Taxable Explained from PlanNProgress