Actualización de la peticiónAbolition of Income tax on Interest on FDs in BanksCurrent FD interest
sitarama raoIndia
22 oct 2017
Recently I renewed an FD for 2 years in Oriental Bank of commerce. Current interest rate maximum I can get is 6.6%. After govt taking 30% as tax from it. my net interest is only 4.8 % and SB account interest is 4 % which they told me. So net interest for fds is almost same as SB a/c interest. Though message is sent to powerful and influential persons , they are not reacting and putting pressure on govt.
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