What Are Term Deposits, Government Bonds, Treasury Bills & Money Market Funds in India
Reported by Bonds India | November 12th, 2021 @ 07:01 AM
Term Deposits are qualifying instruments for tax shelter and
will share the following characteristics.
a) Short-Term Deposit: less than 1 year
b) Long-Term Deposit: to 5 years. Interest Rate: depends on length
of deposit and competitive profit from rising interest rates
available in the marketplace.
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