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Banking: Prashant Joshi
How do banks charge the penalty for premature withdrawal on term deposits? The penal rate is reduced from the interest rate applicable for the tenure your fixed deposit (FD) has completed. For example, the interest payable on the premature withdrawal of term deposits is one per cent below the rate applicable for the period the deposit has remained with the bank, or one per cent below the contracted
How do banks charge the penalty for premature withdrawal on term deposits? The penal rate is reduced from the interest rate applicable for the tenure your fixed deposit (FD) has completed. For example, the interest payable on the premature withdrawal of term deposits is one per cent below the rate applicable for the period the deposit has remained with the bank, or one per cent below the contracted
Charge maximum penal amount on TDS defaulters, says CBDT
The Central Board of Direct Taxes (CBDT) today directed its field formation to levy the highest penal rate of tax on TDS (tax deducted at source) defaulters. More India business stories Following a
The Central Board of Direct Taxes (CBDT) today directed its field formation to levy the highest penal rate of tax on TDS (tax deducted at source) defaulters. More India business stories Following a
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