Earning ₹1 crore FD interest per month is not easy and depends on different factors. These include, the type of institution that offers the FD, the age of the depositor, interest rate offered, etc. The fixed deposits at traditional banks generally offer lower interest rates compared to corporate FDs or FDs offered by small finance banks in India. Additionally, the interest rate for senior citizens is higher than other depositors in most cases. However, on a ₹1 crore FD you can expect a monthly interest income of around ₹50,000 to ₹75,000 based on the rate of interest.

An effective one-time investment plan for child allows a lump-sum investment to ensure long-term financial security. Apart from wealth creation, many such child investment plans offer life insurance that helps secure the child's future in case of unforeseen circumstances. A well-curated child investment plan helps fund major milestones and unexpected emergencies.

Debt mutual funds are popular among investors who seek relatively stable returns. These funds are less volatile compared to equity mutual funds, although the returns are subject to market risks. However, the debt fund taxation has changed drastically in the last few years. Understanding the current debt fund taxation rules helps investors estimate their post-tax returns. This article explains the taxation of debt funds in India, recent changes in rules, how SIP taxation works and how debt mutual fund taxation is done currently.

A savings account is one of the most common banking products used by individuals in India. While it offers easy access to funds and earns interest on deposits, many account holders remain unsure whether their interest income is taxable. Understanding whether savings account interest is taxable is necessary for precise tax filing and efficient financial planningin the current scenario.

Financial planning is the foundation when it comes to securing your future. A complete financial planning process can help you and your family manage income and expenses. You need to have adequate insurance and savings, along with investments planned in a structured manner. Whether you are starting your career or preparing for retirement, a well-curated financial plan can help you enjoy every stage of life with informed decisions.