hi
is fixed deposit of 1 lakh is eligible for 80c
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Fixed deposit is eligible U/s 80C
Replies (6)
YEs, If the tenure is equalls or more then 5 years
thank you very much sir
you are welcome hari
for 5 years..n only in a scheduled bank..
Also it needs to be approved by the Central Givernment
Yes it should be recognised by central government under Tax Saving FDRs
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