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Confused regardingCorporate Fixed Deposits - RR Finance? You are in the right place. Here you will get all the information about fixed deposit and their Interest Rates.
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Corporate Fi xed Deposits https://www.rrfinance.com
TABLE OF CONTENTS investing in corporate fD 6 About Us 1 Contact Us 7 Why Invest in Corporate FD? 3 corporate fixed deposits Offers 4 Taxation on Corporate FD 5
ABOUT US The Group - RR Financial, established in 1986, an integrated financial services Group, offering a wide range of financial products and services to corporate, Institutions, High-Net worth Individuals and Retail Investors. Like Fixed deposit, Capital gains Etc.
WHY INVEST IN CORPORATE FD? Corporate fixed deposits, also called company fixed deposits, are similar to regular fixed deposit scheme, but they are provided by corporate entities and NBFCs.Similar to banks, the Reserve Bank of India allows certain NBFCs to take deposits at a fixed interest rate and duration, ensuring regulatory oversight. It is crucial for investors to look at solutions that offer steady returns, and corporate fixed deposits stands out for their attractive interest rates.
CORPORATE FIXED DEPOSITS OFFERS 1.Fixed Interest Rates. 2.Flexible Tenure Options 3.Flexible Interest Payout Frequency. 4.Additional Interest Citizens. for Senior
TAXATION ON CORPORATE FD (I) For Non-Resident Indians (NRIs), the TDS rate is 30%, plus extra charges, according to Section 195 of the IT Act 1961. (II) For Indian citizens, the TDS rate on interest is 10%, but only if the interest earned is more than Rs. 5000. (III) Senior citizens pay a 10% TDS on FD interest. But if their total income, including FD interest, is below Rs. 5,00,000 per year, they're exempt from tax.
INVESTING IN CORPORATE FD Higher Returns Credit rating Fixed Returns Diversification Tenure
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