FD Return rate : 5.5%
Tax rate : 30%
Post tax nominal return rate : 3.85%
Inflation rate : 7%
Real return rate : -3.15%.
This is "guaranteed return" in india is practically getting currently.
We have 140L Cr currently in FDs in India i.e. 5L Cr wealth loss.
#NitinGadkari
We emphatically reject the pressures not to build in Jerusalem. Unfortunately, these pressures have been increasing of late. I say to our best friends as well: Jerusalem is the capital of Israel.
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