Could you please give calculations and comparisons of Income Tax implication on various debt funds (short term/ liquid, etc) and also FD in banks?
We have an entire article on the query raised by you. Please go through the same -
https://www.advisorkhoj.com/articles/Mutual-Funds...
Hope you find the above useful. With regards to taxation of fixed deposits, the interest earned on the same is treated as your income for the financial year and taxed at the rate applicable to you.
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