The world is hit very badly by the novel Coronavirus infection. People are dying. Many are in isolation. And the economy is very badly hit too. While in many sectors, people are advised to work from home with offices closed, banking is one sector that cannot implement this so far. Closing down banks will cause serious damage and chaos among people and hence banks … [Read more...] about Covid-19: Banking tips for times of pandemic like Coronavirus
Fixed Deposits (FDs)
What are the types of Bank Accounts in India (Features and benefits)
We are more and more into digital transactions. We want comfort. More than going to the bank physically, we all prefer some sort of digital option to perform certain banking tasks. Banks are improvising in this direction and hence most banks have their official apps so customers can use them to perform basic banking tasks. In addition, having a bank account has become … [Read more...] about What are the types of Bank Accounts in India (Features and benefits)
How form 15G/15H acts as tax saver for your interest and how to submit one?
If you are having a Fixed deposit account in SBI, then this post is for you. In your fixed deposit account, is there any tax deduction in the interest you are getting? Don't worry! Here is the solution and find out what you have to do for that. Tax deduction in deposit account (ceiling and deduction) If the interest in your deposit account is up-to INR 40000/- … [Read more...] about How form 15G/15H acts as tax saver for your interest and how to submit one?