Need A Financial Product › Forums › Loans › How to save tax burden on joint fixed deposit accounts › How-to-save-tax-burden-on-joint-fixed-deposit-accounts_REPLY
October 21, 2014 at 7:48 pm
#48009
samkapoor77Keymaster
Whatever interest you earn on a joint fixed deposit account is clubbed to both the joint holders. Therefore, you cannot escape the tax burden on them.