BROWSE FIXED DEPOSIT ADVICE: |
| Subject: | |
Debt funds |
| Question: | |
Are debt funds as safe as bank fds and give better return as compared to them ? If yes, please suggest some good debt funds.
(Rated by 3 Council Members)
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kiran
mande,
Council Member
Ammas.com
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All debt fund dividends are tax free in the hands of investors, but these are subject to dividend distribution tax (DDT), which is borne by investors only. For the purpose of DDT, debt funds are class
... Full advice ...
(Rated by 1 Council Members)
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Nagarajan Ramanathan,
Council Member
YeRite Answers!
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debt funds raised by govt only safe. if it is from private, then it is risk. return is less compared to bank funds.
... Full advice ...
(Rated by 1 Council Members)
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| Subject: | |
FD tax |
| Question: | |
I have fixed Rs 25 lakhs in Fix Deposit NRO account.
The interest earned on 25lakhs is taxed at 30.09%.
How can i save tax on interest earned
(Rated by 12 Council Members)
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G.Ranjith Kumar Reddy,
Council Member
Ask Agent
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no, you will have to pay tax on interest earned. if you deny to pay it, it is against the income tax rules and you will be punished for it.
better pay the tax
... Full advice ...
(Rated by 2 Council Members)
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| Subject: | |
Repayment of deposits |
| Question: | |
I was investing every month in
Rs. one lakh chit in one of the chit fund in Hyderabad. Andra Pradesh. My chit was over On 23rd of March 2008. I have submitted
an application to the company that they have to pay me
Rs. 95,000 after deducting 5% commission. After several remainders my amount has not yet paid. Could you please tell me how to raise my grievances against the company?
(Rated by 11 Council Members)
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MADANMOHAN RENUKUNTLA,
Council Member
Ammas.com
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you can approah the consumer forum along with full details regarding your chit, date of auction etc., along with documentary evidences, the maximum period between award of chit a auction and payment o
... Full advice ...
(Rated by 3 Council Members)
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sahithi
pavan,
Council Member
Ammas.com
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First thing you have to do is take all the application forms and receipts for the payments and go to a local police station. this will alert the chit fund company and if they are genuine they will not
... Full advice ...
(Rated by 6 Council Members)
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Gowri Raman,
Council Member
Ammas.com
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Hi Irene,
You have not clarified whether the company in question is still functioning or closed doors. However assuming that the company still runs, I feel you must first approach them in person as y
... Full advice ...
(Rated by 6 Council Members)
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Lakshmi Narayana Reddy Sanivarapu,
Council Member
Ammas.com
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Better option will be approaching a lawyer and lodging a police complaint if necessary after discussing with lawyer and also file a case in the court.
... Full advice ...
(Rated by 6 Council Members)
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Kiran Bala,
Council Member
Ammas.com
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Hi,
Can you please let me the company name in which you have deposited, if it is a private company then run immediately to police station and inform them about the same. if it is a pubic limited com
... Full advice ...
(Rated by 6 Council Members)
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Anu Babu,
Council Member
Ammas.com
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Hi.,
If u have all the paid slips & proofs ...directly go to them & ask...if not then contact ur local police station for help with a lawyer.
... Full advice ...
(Rated by 6 Council Members)
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Deepak Kumar Pasupunuri,
Registered Member
Ammas.com
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you better file an case against them with your local consumer forum, it is low cost and quick in judgements.
... Full advice ...
(Rated by 6 Council Members)
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madhavi ,
Council Member
Ammas.com
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pls consult a lawyer because i feel the chit fund company may be bankrupt as it is not paying your amount
... Full advice ...
(Rated by 6 Council Members)
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rakshita shah,
Council Member
Ask Agent
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you may be having the recipit
of the investment take that proof and claim against the company.
... Full advice ...
(Rated by 6 Council Members)
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My
4x4,
Registered Member
Ammas.com
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Get a lawyer, and file a grievance.
... Full advice ...
(Rated by 6 Council Members)
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| Subject: | |
Fixed deposit/ncome |
| Question: | |
Whats the profile of fixed income investor and who is the category of people who like to invest in fixed income securities?
(Rated by 7 Council Members)
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madhavi ,
Council Member
Ammas.com
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anyperson who wants to have fixed income can invest in fixed deposits. but these also have tax deductions at source if the income (interest) from them exceeds 10k in a tax year. people who want to sav
... Full advice ...
(Rated by 2 Council Members)
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srikanthreddy vanga,
Council Member
Ammas.com
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fixed income will deposit whether the future of u r childrens in mind and the profit will come according to u r investestment and the policy u will take
... Full advice ...
(Rated by 2 Council Members)
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ashok vundavalli,
Council Member
APOnline
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your question is not so clear.
... Full advice ...
(Rated by 2 Council Members)
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