💨 Abstract

Tax Saving Fixed Deposits are increasingly popular among investors due to higher yields and tax savings. These investments, regulated by the Reserve Bank of India and DICGC, offer dependability and security. With interest rates ranging from 7-8% per annum on a maximum deposit of Rs. lakh, they provide a tax deduction of up to Rs.

Courtesy: theprint.in

Summarized by Einstein Beta 🤖