Learning The Right Way To Create Web Business From Home

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"The charge of a bank's savings deposit account is 4%. Ultra short-term funds suggest to a higher returns," sɑys Joydeep Sen, senior vice-president, advisory desk-fixed income, BNP Paribas Wealth Know-how.

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"If we look at it on a post-tax basis, returns from ultra short-term funds are even considerably. The dividend distribution tax for ultra short-term funds stands at 13.5% for individual investors, whereas the eye payable on savings bank deposits is taxed in the marginal rate of tax - for people in a superior high slab, is actually 30.9%," he telⅼѕ.

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