INTERESTING FACT:
FD Return rate : 5.5%
Tax rate: 30%
Post tax nominal return rate : 3.85%
Inflation rate : 6%
Real return rate: -2.15%.
This is the "guaranteed return" everyone in india is practically getting currently.
But In stock market everyone want to get 10 - 20 % on everyday
FD Return rate : 5.5%
Tax rate: 30%
Post tax nominal return rate : 3.85%
Inflation rate : 6%
Real return rate: -2.15%.
This is the "guaranteed return" everyone in india is practically getting currently.
But In stock market everyone want to get 10 - 20 % on everyday