Fixed Deposits without Tax is one type of a given deposit we deposit every month an amount equal. For a period of 24 months, Bank 36 months 48 months and 60 months. Fixed Deposits without Tax different from Fixed Deposit account is general is Fixed Deposit account have to deposit per pack and wait for a maturity, but Fixed Deposits without Tax we have a duty to deposit money every month as amount is equal such as 1,000 per month for 24 months as “Exemption” and not deducted tax at source at the rate of 15% deposit as normal.
Definition
1. be deposited monthly in equal