Hi Vaibhav, Thank you so much for the clarification. Do you know any LIC pension plan? I'm in search of good retirement LIC pension fund plan.
On 8/14/21, Vaibhav Saraf <vaibhav.s....@gmail.com> wrote: > Hi, > 5 year FD will not attract any taxes. As you understand you can also get > that amount exempted under Section 80C upto 150k. > > If you withdraw it prematurely then get added to your income in the > withdrawal year. No taxes in case of withdrawing a matured FD of this kind. > > Tax rate on the interest of a Standard FD will depend on the tax slab you > fall in. > > HTH > Vaibhav > > > > On Sat, 14 Aug 2021 at 16:14, Minar Singh <singhmi...@gmail.com> wrote: > >> Hello, >> I would like to know What are the differences between Standard FD and >> taxable FD? I would like to make 150000 FD for 5 years. This amount is >> a part of savings deposite will it attract any tax if I go for FD? I >> think taxable FD is for saving taxable income up to 150000. How much >> tax is applicable on standard FD for 150000? Any alternate of FD and >> RD for growing money? Any good LIC plan? I'm not willing to take risk >> so mutual fund is not for me. Suggestions will be your's and decision >> will be mine! Please suggest me any good LIC pension fund plan. I'm >> not willing to go for NPS again market risk comes in to the picture. >> PPF has no Pension plan like EPF. >> >> -- >> Disclaimer: >> 1. Contents of the mails, factual, or otherwise, reflect the thinking of >> the person sending the mail and AI in no way relates itself to its >> veracity; >> >> 2. AI cannot be held liable for any commission/omission based on the >> mails >> sent through this mailing list.. >> >> >> Search for old postings at: >> http://www.mail-archive.com/accessindia@accessindia.org.in/ >> --- >> You received this message because you are subscribed to the Google Groups >> "AccessIndia" group. >> To unsubscribe from this group and stop receiving emails from it, send an >> email to accessindia+unsubscr...@accessindia.org.in. >> To view this discussion on the web visit >> https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/CALLUjUaFwqrrjyxd5G%3DJWTV9Gb5sMcbBrOhpDmukdkLvBYcRSA%40mail.gmail.com >> . >> > > -- > Disclaimer: > 1. Contents of the mails, factual, or otherwise, reflect the thinking of the > person sending the mail and AI in no way relates itself to its veracity; > > 2. AI cannot be held liable for any commission/omission based on the mails > sent through this mailing list.. > > > Search for old postings at: > http://www.mail-archive.com/accessindia@accessindia.org.in/ > --- > You received this message because you are subscribed to the Google Groups > "AccessIndia" group. > To unsubscribe from this group and stop receiving emails from it, send an > email to accessindia+unsubscr...@accessindia.org.in. > To view this discussion on the web visit > https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/CAAx3Jh3NTZQOHe4mfQ%3DFBOUEenvp6L19eM_0QK0RpcOE0imoJQ%40mail.gmail.com. > -- Disclaimer: 1. Contents of the mails, factual, or otherwise, reflect the thinking of the person sending the mail and AI in no way relates itself to its veracity; 2. AI cannot be held liable for any commission/omission based on the mails sent through this mailing list.. Search for old postings at: http://www.mail-archive.com/accessindia@accessindia.org.in/ --- You received this message because you are subscribed to the Google Groups "AccessIndia" group. To unsubscribe from this group and stop receiving emails from it, send an email to accessindia+unsubscr...@accessindia.org.in. To view this discussion on the web visit https://groups.google.com/a/accessindia.org.in/d/msgid/accessindia/CALLUjUZr0maLRa%3DMZqF53S0MfYZX1ZYv0q2B%3D2FSpBZMd%3DgbtQ%40mail.gmail.com.
