Tax-saving fixed deposits for senior citizens: A guide to tax-exempt returns
Friday, 1 March 2024 Tax-saving fixed deposits offer a tax deduction under Section 80C for senior citizens. Section 80TTB provides additional deduction. Reinvestment strategy and TDS threshold help achieve tax-free returns. Consider other interest income sources, interest rate variations, and risk appetite when investing.
If you're one of the many tax filers out there delaying filing because it's just too overwhelming for you...you're not alone. We caught up with CPA and tax expert with TurboTax Lisa Greene-Lewis for..
Friday, 1 March 2024
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