i hearded for investment in INR for fixed term with recognised bank or government sector where we can double our investments in 8 or 8.5 years.
Can you please suggest which are they and how much we can invest as NRI or as an indian citizen?
what is the limit and how much would be the income tax on it ?
please reply asa-.regards, ketan

I have lost a handsome amount in shares pls guide me should I draw back or i will recover if i invest again

What is the current rate of interst given on Savings Account in Post Office ?

Dear Sir I have fixed deposits in the bank. Since the interest earned on these fixed deposits exceeds Rs.10000/- the bank is supposed to deduct income tax. In the month of January 2009 I had requested the bank to deduct tax as applicable for the financial year 2008-2009 The bank was deducting tax on actual interest earned but from year 2008-2009 I am inofmed that the tax is to be deducted on accrual basis and not on the interest paid/credited. With this system being followed, the bank has deducted tax on accrual basis.as well on actual interest paid. I had asked the bank where from the balance tax (tax deducted on acrtual calculated is deducted. I was informed orally that the amounts have been deducted from the fixed deposits although I had told them much in advance to deduct tax from my savings bank account if falls short. It is unfortunate that the amount of deposists which were placed at particular fixed interest is reduced by the tax amount calculated on accrual basis,there by I am deprived of my principal amount loosing interest for the amount which they deducted from fixed deposits. I was told it is the system that deducts the tax due from the fixed deposit amount. No notice was given to me and was told that the tax payable is deducted from the principal amounts of deposits. With this the principal amount of deposits has been reduced by the bank causing me cumulative financial loss till the tenuare of the deposit or maturity of deposit. I am senior citizen and I broke my deposits from Senior citizem scheme and placed fixed deposits with the bank since rates offered were attractive. Nothing has been given in writing that the tax has been adjusted against the amounts of the fixed deposits. I feel this as very unfair practice In fact in January itself I requested to debit my savings bank account regularly, but I was informed the system does not accept this and it will recover the amount from the principal amount of fixed deposit. I shall be obliged if you will kindly advise me whether the bank is correct in doing so without my consent or knowledge. You may advise me who is the authority to whom I can make representation on the unfair means of depriving the rightful amount of deposits of the investor/customers. Any other information if required I shall furnish you the same. Incidentally I may mention that some of the banks pay quarterly interests only on 31st March, 31st June, 31 September, and 31 st December, and deduct tax accordingly. but the problem comes when the bank pays interest on the dates when the 3 months are over when deposits is made for interest on quarterly basis.
T shall be greatful if you will kindly advise me.

I WANT DEPOSIT RD A/C FOR Rs. 12000/- IN ADVANCE FOR FIVE YEARS. WHAT WILL BE THE INTEREST RATE & WHAT AMOUT PAID ? AND THE TOTAL AMOUNT OF MATURE INCLUDIN THE INTEREST? ,

My recurring a.c is going to mature on 29 May 2009.May i extend this a/c for 1 year.what will be basis of payment of maturity amount of recurring a/c for 6 years.,

I Have retired from Accounts General office from Trivandrum.I have submitted my pension papers to Ministry of Finance by letter followed by a reminder one week back.Please let me know the status of the same.,

IS THERE ANY BANK WHICH CAN PROVIDE LOAN UPTO 4LACS,ON RECEIVING THE LOAN LETTER/OFFER LETTER OF THE STUDENT{MYSELF},FROM THE INSTITUTE,"WITH ONLY THE STUDENT" BEING THE APPLICANT FOR THE LOAN????
I'M LOOKING FORWARD FOR ADMISSION IN "PANDIT DEENDAYAL PETROLEUM UNIVERSITY"{GUJRATH} PLZ REPLY URGENTLY!!!!!!!! ,

Hi i would just like to know if i can make a bank online with an post office of panjab. If we can please send us this. If you can send us on a form email me on kaur.4@hotmail.co.uk. with the form so i can email you back.Also what is the interest rate for 5 years.,

I have opened the rd account on 27 april 2005 I have deposit the advance amount for whole five years now I want half withdrawal sir plz let me know can I get the half withdrawal not

what is the latest interest rate of Indian post office monthly income scheme?it used to be 8% earlier.,

maximum limit of investment in post office mis in life time ,

what is your New policy ? may i wish to open sutiable policy? Please gave Advice.

I want to investment in bse cani?

I WANT TO OPEN A STUDENT BANK ACCOUNT. I DONT HAVE LICENSE, PASSPORT, ELECTROL CARD. I HAVE ONLY MY COLLEGE ID. CAN I OPEN WITH THAT?

Can i deposit my Recurring deposit by online is there any facility like that if yes please let me know

In national saving certificate why we are not getting name of nomiee so if agent can make a frod than what happen.

My FATHER HAS INVESTED IN NATIONAL SAVINGS CERTIFICATE FEW YEARS BACK , HOWEVER DURING SHIFTING HE HAS LOST THE CERTIFICATE.
HE DOESNT REMEMBER THE DETAILS SUCH AS CERTIFICATE NUMBER , MATURITY DATE ETC..
REQUEST YOU TO KINDLY GUIDE HOW TO APPLY FOR DUPLICATE CERTIFICATE IN THE ABOVE GIVEN CASE..

Can I encash my nsc from any post office or I will have to visit the same branch from where I made the nsc.

I am a working women and my manthly salry is 10,000/-,it won't credit in any bank,I dont have any properties on my name. Now I would like to start a small embridary srees business.How can I get a loan from bank. please help me in this maetter.

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