#3291 new
Bonds India

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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