News
Senior citizens, FD investors alert: Don't miss this form to avoid TDS on interest income - Business Today
21+ hour, 24+ min ago (472+ words) Under the current income tax rules, banks are required to deduct TDS on interest income once it crosses the prescribed threshold. However, if a taxpayer's total tax liability for the financial year is nil, they can submit a self-declaration to…...
FD rates in July 2026: What senior citizens can earn on fixed deposits across leading banks - Business Today
1+ day, 22+ hour ago (688+ words) Fixed deposits (FDs) continue to be one of the most preferred investment avenues for senior citizens seeking stable returns and predictable income after retirement. Despite changes in the interest rate cycle over the past year, several banks continue to offer…...
Tax saving FDs: Interest rates touch 8. 60%; here's how they work and who should invest - Business Today
5+ day, 22+ hour ago (553+ words) Tax-saving fixed deposits (FDs) remain a popular choice for investors seeking guaranteed returns while reducing their tax liability under Section 80 C of the Income Tax Act. With several banks offering attractive interest rates and a mandatory five-year lock-in, these deposits…...
Bandhan Bank raises FD interest rates to 7. 95% for seniors; compare returns across banks - Business Today
6+ day, 19+ hour ago (657+ words) Senior citizens looking for higher returns on fixed deposits have another option as Bandhan Bank has revised interest rates across select tenures. The private lender now offers up to 7. 95% per annum for senior citizens, while regular depositors can earn as…...
Unity Bank, AU Small Finance Bank raise FD rates; senior citizens can earn up to 8. 30% - Business Today
3+ week, 22+ hour ago (598+ words) Fixed deposit investors seeking higher returns have some fresh options, with Unity Small Finance Bank and AU Small Finance Bank revising interest rates on select tenures and offering improved returns to depositors. The revised rates come at a time when…...
Choose your FD scheme: Fixed deposits vs Post Office deposits which offers better returns in June 2026? - Business Today
1+ mon, 3+ day ago (596+ words) Fixed deposits vs Post Office deposits One of the biggest differences between the two products lies in safety. Post office investment schemes are backed by the Government of India, making them sovereign-guaranteed instruments. This means both principal and interest payments…...
BT Explainer: ITR filing rules for pensioners who must file returns, tax slabs, deductions, deadlines - Business Today
1+ mon, 1+ week ago (549+ words) Many retirees assume that filing Income Tax Returns (ITR) becomes unnecessary after retirement, especially once regular salary income stops. However, pension income remains taxable in most cases and pensioners may still be required to file ITR depending on their annual…...
Millions stolen. ..': FBI chief Kash Patel hails action on India linked tech scam network - Business Today
1+ mon, 1+ week ago (569+ words) The Federal Bureau of Investigation (FBI) has dismantled an India-linked call centre operation accused of running large-scale tech support scams that allegedly cheated hundreds of elderly Americans and victims in other countries out of millions of dollars." The crackdown, announced…...
India working on "40, 000 crore deep sea gas pipeline amid Hormuz crisis: Report - Business Today
1+ mon, 2+ week ago (458+ words) India working on "40, 000 crore deep-sea gas pipeline amid Hormuz crisis: Report Business Today India working on "40, 000 crore deep-sea gas pipeline amid Hormuz crisis: Report The pipeline route will reportedly pass through the Arabian Sea via Oman and the UAE, avoiding…...
Senior citizen FD Rates in 2026: Small Finance Banks offer up to 9. 5%; should you invest? - Business Today
1+ mon, 2+ week ago (360+ words) Fixed Deposits (FDs) continue to remain one of the most preferred investment options for senior citizens, with banks aggressively competing for deposits by offering higher interest rates and additional benefits to elderly customers. In 2026, senior citizen FD rates across banks…...