
How much tax is deducted in Fixed deposit, recurring deposit, Kisan Vikas Patra, NSC, NPS & mutual funds?


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Tax deducted at source ( TDS) will be applicable on Fixed deposits and Recurring deposit. The other instruments are not liable for a TDS since they are tax-saving investments.
Now, in the case of mutual fund dividends, a 10% TDS cut is applicable if the dividend income exceeds Rs5,000/- annually.
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