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› People › Rohit Shah
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Rohit Shah
1
source-backed fact
1 publication
Finance
finance · Times of India
A 7% fixed deposit yields about 4.9% after tax for a 30% tax bracket, and after subtracting 5–6% inflation, the real return is close to zero or negative.
“Take a 7% FD: for someone in the 30% tax bracket it falls to roughly 4.9% after tax, and once you subtract 5–6% inflation, the real return is close to zero or negative.”
7 %
4.9 %
5 %
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