For account holders wanting to withdraw money from fixed deposits before their term ends, bigger banks such as State Bank of India (SBI) and HDFC Bank have their own terms and conditions.
With the Union Budget India 2019 round the corner, the mutual fund industry is waiting for better clarity to emerge as far as the LTCG tax is concerned.
The senior IAS officer said the scheme, approved by Chief Minister Devendra Fadnavis, envisages setting up one lakh units in five years, 40 per cent of them in rural areas.
