Good news for FD investors: Finance Minister Nirmala Sitharaman likely to make major announcements in Budget
5 days, 22 hours ago

Good news for FD investors: Finance Minister Nirmala Sitharaman likely to make major announcements in Budget

India TV News  

Fixed deposit investors may soon have a reason to celebrate as Finance Minister Nirmala Sitharaman makes an important announcement in the upcoming Union Budget for FY 2025-26. Expected announcements in the budget Tax exemptions for FDs : Tax relief on income generated from fixed deposits and shorter lock-in periods for tax-saving FDs. Funds for MSMEs and green initiatives : Specific funds could be allocated to institutions like SIDBI and NABARD to support MSMEs and eco-friendly initiatives like electric vehicles. : Specific funds could be allocated to institutions like SIDBI and NABARD to support MSMEs and eco-friendly initiatives like electric vehicles.

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