The TDS on fixed deposit is applicable only if the interest earned on an FD in a financial year exceeds INR 40,000. This threshold amount is INR 50,000 in the case of for senior citizens. How is TDS Calculated o
You can choose to receive your returns on an annual, monthly, or at-maturity basis, allowing you to enjoy a periodic income or reinvest towards other financial goals. Additionally, many banks offer flexible deposit options that enable you to add to your initial investment, helping you to grow...
Each state collected Value Added Tax (VAT) for the sale of goods within the same state. For the inter-state sale of goods, CST (Central State Tax) was levied by the centre. And, on the sale of services, service tax is applicable. Here’s the list of indirect taxes applicable before ...
Annual EBIT margin for the fiscal was the highest ever at 18.5%, driven by our focus on building a robust and sustainable operating model. The strong revenue growth and operational performance led to a 22% rise in PAT to ` 1,170 crore. Over the last 5 years, our PAT has continued to...
Pioneer Targets 10% Annual Growth from 2005 to 2009, CEO Says.
FDs can prove to be a good source of regular income as they mostly allow monthly, quarterly, or annual payouts. On the other hand, RDs are ideal for people looking to build a corpus gradually, as interest payout for RDs happens only upon maturity of the scheme. ...