Partner at D P S A &... • 12m
AVOID this mistake WHILE taking deduction of interest (saving +fixed deposit)in your ITR🔴🔴🔴🔴🔴 Since ITR Season is around, highlighting common confusion ➡️For Individual & HUF - We can take a max deduction of 10,000 on interest from a savings account, Coop Bank, and Post Office. Please note this deduction is not applicable on interest from fixed deposits. ➡️Only for Resident Senior Citizen (above 60 yrs) can claim deduction of Rs 50,000 from the interest income earned from any bank deposits, including fixed deposits
Trying to do better • 2m
Exploring Negative Interest Rate Policy (NIRP) Have you ever wondered about central banks setting interest rates below zero? This is known as Negative Interest Rate Policy (NIRP). Here's a quick look at this unconventional monetary tool: ✍️ What is i
See MoreDownload the medial app to read full posts, comements and news.