IDBI Flexibonds!!!!!

Tax queries 1136 views 2 replies

Dear Member,

I would like to get the solution of my query:

  • If I have recd Interst on IDIB Flexibond without any tax deductions i.e., Gross Amt then Am I liable to pay Income tax on that ? If yes, what is the rate of tax for an Individual, Is it unedr normal slad or some CG ?

 Plz suggest.

Replies (2)
Yes you will have to add the interest income in your total income and than calculate tax on total income as per Income tax provisions
Dear ,Include this interest income to your gross & accordingly pay tax.


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