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This is how TDS erodes your fixed deposit maturity amount
December, 14th 2021
A penny saved is a penny earned. This becomes especially important for fixed income investors in the low interest rate environment where there is a risk of negative real interest rate as well.
Tax is the main culprit that brings down post-tax returns on your investments further. But do you know that A penny saved is a penny earned. This becomes especially important for fixed income investors in the low interest rate environment where there is a risk of negative real interest rate as well.
