PerkyUnicorn
PerkyUnicorn
16mo

INVESTING

Many ask me if FDs are the best investment option …

They may be safe, buy at a good tax slab you might be losing money on FDs

FD returns - 6-7% Tax - 31.2% (taking 15L+ income)

Actual post tax returns - 4% Inflation - 6.2%

Your Rs.100 in FD is Rs.98 tomorrow

#Investing

16mo ago
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