I am an NRI. Few queries on Kisan Vikas Patra -
1- Can I invest in KVP?
2- How often interest will be paid or compounded till maturity?
3- Will TDS be deducted at the time of maturity for interest portion?
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I am an NRI. Few queries on Kisan Vikas Patra -
1- Can I invest in KVP?
2- How often interest will be paid or compounded till maturity?
3- Will TDS be deducted at the time of maturity for interest portion?
Non-Resident Indian are not eligible to purchase.
Rate of interest compounded annually.Quote:
2- How often interest will be paid or compounded till maturity?
Interest income taxable but no TDSQuote:
3- Will TDS be deducted at the time of maturity for interest portion?