Interest on FDs is fully taxable, there is TDS to boot in addition. Why is this not mentioned in the article ? Tax Free bonds are far better than FDs, even when purchased from market at a price more than face value.
Interest on FDs is fully taxable, there is TDS to boot in addition. Why is this not mentioned in the article ? Tax Free bonds are far better than FDs, even when purchased from market at a price more than face value.