« Top Headlines » Open DEMAT Account in 24 hrs  ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing. Check details here  Income tax slabs FY 2024-25: Experts share these 8 benefits for taxpayers in new income tax regime  How To File ITR Online - Step by Step Guide to Efile Income Tax Return, FY 2023-24 (AY 2024-25)  Old or new tax regime for TDS on salary? This post-election 2024 event will impact your tax planning  What Are 5 Heads Of Income Tax?  Income Tax Dept releases interim action plan for FY25 on tax collection, refund approvals   Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Income Tax Return: 5 lesser-known tax-saving tips from Section 80  Why you need not rush to file your ITR immediately  Income tax returns: ITR-1, ITR-2, ITR-4 forms for FY 2023-24 available for e-filing  Section 80DDB tax benefits for specified illnesses: 5 things to know «  Mauritius for balanced view on resolving taxation treaty... On a mole's trail... » KVB unveils tax shield deposit scheme August, 31st 2006 Karur Vysya Bank launched the KVB Tax Shield deposit on Wednesday. Investments in this scheme qualify for tax benefit under Section 80 C of the Income-Tax Act. The return on investment is 50 basis points higher at 9 per cent for senior citizens and 8.5 per cent for regular depositors. Interest is payable at quarterly rest, but for depositors seeking monthly interest, it would be paid at discounted rates, states a KVB release. It would be a five-year deposit. The minimum and maximum investment under this scheme has been fixed at Rs 100 and Rs 1 lakh, respectively.