https://www.taxtmi.com/acts?id=6648 Rate of interest on bank term deposits under the Bank Term Deposit Scheme, 2006 is fixed by the scheduled bank from time to time. Interest may be paid in lump sum at maturity or periodically (monthly or quarterly) in accordance with regulatory guidelines. If interest is paid in lump sum at maturity, the term deposit receipt must state the yearly rate of interest applicable to the deposit. en-us Sat, 19 Jan 2008 22:45:54 +0530 Fri, 06 Mar 2009 16:23:29 +0530 TaxTMI RSS Generator https://www.taxtmi.com/acts?id=6648 Rate of interest on bank term deposits under the Bank Term Deposit Scheme, 2006 is fixed by the scheduled bank from time to time. Interest may be paid in lump sum at maturity or periodically (monthly or quarterly) in accordance with regulatory guidelines. If interest is paid in lump sum at maturity, the term deposit receipt must state the yearly rate of interest applicable to the deposit. Act-Rules Direct Taxes Sat, 19 Jan 2008 22:45:54 +0530 https://www.taxtmi.com/acts?id=6648