National Savings Certificate vs Bank Fixed Deposits: Tax benefits, interest calculation & TDS compared – The Times of India
NSC and tax-saving FDs both qualify for Section 80C deductions up to Rs 1.5 lakh, but differ in interest taxation. (AI image) National Savings Certificate vs Bank Fixed Deposits: For tax-saving investments, National Savings Certificate (NSC) and bank tax-saving Fixed Deposits (FDs) stand out as preferred choices. These instruments guarantee returns, offer tax advantages under…