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Rate of interest for private loan

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Querist : Anonymous

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Querist : Anonymous (Querist)
14 August 2014 Iam giving loan to one of my friend , what minimum interest rate I can show on loan in my return
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Nikhil Kaushik

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Nikhil Kaushik (Expert)
14 August 2014 ZERO. That is the minimum rate you can show.
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Rupesh Jain

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Rupesh Jain (Expert)
14 August 2014 there is not rule for that.
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CA UMESH DULAL

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CA UMESH DULAL (Expert)
14 August 2014 It is up to you to decide at what rate you want to give.

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