View Single Post
Old 16-06-09   #8
realpune is online now realpune
Member
 
Join Date: Apr 2009
Posts: 130
Thanks: 18
Thanked 14 Times in 7 Posts
Default

Quote:
Originally Posted by stohid View Post
Thanks for the advice dear friend, FD will be TDS deducted after 10K interest, and blue chip companies cannot be trusted any longer..remember Satyam? More over it incurs capital gains tax too..
thanks for the suggestion though
Your investment horizon is 5 to 10 years.
Capital gains taxes are not applicable for investment longer than 1 year.
  Reply With Quote