Poor economy means,will we get just 5% interest rate on our FD's?
Bank cut 10% TDS,so we'll get 4.2% interest in hand.
Many old people living on only FD interest.
Bhai
Be satisfied that we are even getting this much of interest on FD in India.
Otherwise in many developed countries it is not even this much, hardly 1-2%
And I have learnt that in some few countries, one has to pay to banks, if they keep money in bank.
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Bhai, we are living in a country (you may say its our compulsion) where every other person/group, individual, politicians, govt employees, work force etc etc is trying to fool other group
Do not want to comment more, otherwise...........