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MONTHLY INCOME FROM FIXED DEPOSITS
TDS Challan correction for Income Tax Act, 2025 needs to be done using the old TRACES portal; Here’s how to do itTaxpayers must correct TDS challans for Tax Year 2026-27 on the old TRACES portal. This is crucial if the challan was mistakenly filed unde...18 Jun, 2026, 11.58 AM IST- Looking for over 17% return from FCNR deposit through leverage? Check pitfalls before getting luredThe Indian government's decision to cover hedging costs for FCNR(B) deposits until September 2026 has enabled banks to offer higher interes...18 Jun, 2026, 11.01 AM IST
- NRE vs NRO: One account can make your interest tax-free, the other can attract over 30% TDSNRIs and OCIs can use NRE accounts for overseas income and NRO accounts for India-sourced income, but tax treatment differs sharply. NRE in...18 Jun, 2026, 11.00 AM IST
- India bonds muted as sparse US-Iran deal details cap oil-led gainsTuesday saw Indian government bonds holding firm amidst a backdrop of market anticipation surrounding a possible U.S.-Iran peace negotiatio...16 Jun, 2026, 06.00 PM IST
- Rs 25,000 monthly investment in 5-year RD: Check maturity in SBI, PNB, post office, HDFC Bank and other recurring depositsRecurring Deposits offer a safe way to build savings with fixed monthly investments. Investors can choose between banks and post offices fo...16 Jun, 2026, 04.39 PM IST
- ‘Rs 70,000 Salary, Rs 15.5 lakh debt, no savings, no property and a dependent mother’: Woman’s viral post on loan burden sparks financial adviceA 31-year-old woman's plea for financial help on Reddit highlighted the struggles of being the sole earner supporting her mother on a ₹70,0...16 Jun, 2026, 12.49 AM IST
- To drive up NRI investments, banks make FCNR deposits attractive with up to 7.1% return on dollar depositsIndia saw inflows topping $155 billion in 2025-26 via remittances. Add another estimated $50 billion from this scheme which will run until ...15 Jun, 2026, 12.03 PM IST
- Residents tempted to gatecrash FCNR party for NRIsWealthy Indians are finding ways to benefit from a new foreign currency deposit scheme. They are sending money to NRI relatives as gifts to...15 Jun, 2026, 07.43 AM IST
- FCNR(B) window may save banks Rs 4,000 croreBanks are poised to save approximately ₹4,000 crore annually by raising deposits through FCNR(B) accounts, as the RBI covers hedging costs,...15 Jun, 2026, 05.58 AM IST
- Yes Bank sees Indians tip-toeing back to depositsIndian households are reportedly shifting savings back to bank deposits due to weak stock markets and geopolitical concerns. This trend cou...12 Jun, 2026, 03.25 PM IST
- ₹50 lakh to ₹1.4 crore: How extending your PPF can add lakhs to your corpus and who should do itPPF maturity presents a choice: withdraw or extend for continued tax-free compounding. While government backing and tax benefits remain att...12 Jun, 2026, 01.00 PM IST
- FD interest rates up to 7.80%: These 2 banks have increased fixed deposit rates on select tenures; investors to earn moreHIghest FD interest rates: Unity Small Finance Bank and AU Small Finance Bank have revised their fixed deposit interest rates, offering enh...11 Jun, 2026, 05.52 PM IST
- India sees $3 billion debt fundraising rush as yields slump after RBI moves, bankers sayIndian companies are actively raising short-term debt. This surge follows central bank actions that significantly reduced borrowing costs. ...11 Jun, 2026, 05.49 PM IST
- Paying rent above Rs 50,000? Failure to deduct TDS can make you an assessee in default; know what to doTenants paying over Rs 50,000 monthly rent must deduct TDS. This applies to individuals and HUFs not requiring tax audits. The TDS rate is ...11 Jun, 2026, 01.29 PM IST
- RBI "opens the floodgates": Dhawal Dalal on why now may be the best entry point for debt investors in two yearsIndia is attracting foreign debt capital by removing taxes and easing borrowing rules. This move is expected to inject significant liquidit...10 Jun, 2026, 02.57 PM IST
- Muted returns on market bets steer funds back to banksAs per RBI data, bank deposits stood at Rs 256.9 lakh crore as of May 15, 2026, registering a year-on-year growth of 12.2% - well above the...09 Jun, 2026, 09.59 PM IST
- Top corporate bonds, long gilts can be a good play as RBI holds ratesThe RBI maintained its repo rate at 5.25% and a neutral stance, raising inflation forecasts due to West Asian conflict-driven oil price hik...08 Jun, 2026, 07.13 AM IST
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