If I book an FD (in Slice) on today that matures on next Financial year 6 th April 2026. How will the personal income taxation works on this FD?
1.Will the interest taxed this financial year or next year?
2. Or will the interest taxed partially in both years?
Asking since I won't pay tax this year but for sure next year. So if it is taxed next year the I will invest in debt fund.
1.Will the interest taxed this financial year or next year?
2. Or will the interest taxed partially in both years?
Asking since I won't pay tax this year but for sure next year. So if it is taxed next year the I will invest in debt fund.
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