Rewrite the statement time fixed deposit account is meant for encourag

1.	Rewrite the statement time fixed deposit account is meant for encouraging small savings.
Answer» ong>Answer: UNLIKE other fixed deposit (FD), the lock-in period of tax saving fixed DEPOSITS (FDs) is five years. 2. Only Individuals and HUFs (Hindu undivided family) can invest in the tax-saving fixed deposit (FD) scheme.

Rewrite the statement time fixed deposit account is meant for encouraging small savings.

Answer»

ong>Answer:

UNLIKE other fixed deposit (FD), the lock-in period of tax saving fixed DEPOSITS (FDs) is five years. 2. Only Individuals and HUFs (Hindu undivided family) can invest in the tax-saving fixed deposit (FD) scheme.

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Rewrite the statement time fixed deposit account is meant for encouraging small savings.

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