[ad_1] If a person is claiming capital gains exemption, he is required to deposit the money in the capital gains account before the due date of filing ITR. This article explains in detail about how to open a capital gains account, its tax benefits and features. For example: Mr. A sold a residential property in January 2022 and he intends to claim capital gains exemption by purchasing a new residential house. to claim capital gains exemptionHe is required to buy a new residential house within 2 years i.e. before January…
Tag: account
How do banks calculate interest on savings account and FD in India in 2022?
[ad_1] saving account The most widely used account is to park your savings. Withdrawal flexibility is what makes it the most preferred account. And Fixed deposit Popular in terms of returns. But most of us do not know how the interest is calculated on these accounts. Let us see how banks calculate interest on savings accounts and fixed deposits to get a better understanding of the return on money saved in a savings account. How do banks calculate interest on savings account? As per the guidelines issued by the Reserve…