For Tax saving investment which one is more benefited Infrastructure Bond VS Fixed Deposit Vs NSC(National Savings Certificate).
eTaxMentor (employee) (217 Points)
04 March 2013For Tax saving investment which one is more benefited Infrastructure Bond VS Fixed Deposit Vs NSC(National Savings Certificate).
CA Prashant Gupta
(DGM (F & A))
(14068 Points)
Replied 04 March 2013
it depends
insfra bonds are not eligible this year. they were till A.Y. 2012-13
FD get more interest then NSC but interest is taxable, in NSC interest you will get exemption
so you need to calculate all things with your income, then you can decide