New Delhi, Aug. 7 -- Do you invest in fixed deposits (FDs) or Kisan Vikas Patra (KVP)? If yes, have you factored in the tax implications before making those investments?

This is an important question because taxes can have a direct impact on your overall returns. While safety and guaranteed returns often drive investment decisions, understanding how your earnings will be taxed is equally important for effective long-term financial planning.

Before investing, keep these two key points in mind:

Being aware of these rules can help you report your income correctly, avoid tax-related mistakes and ensure smooth filing of your income tax return.

Under Section 393 of the Income Tax Act, 2025, banks are required to deduct tax at source (TDS) o...