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<blockquote data-quote="sihan" data-source="post: 22149730" data-attributes="member: 26159"><p>machan meke kalin kenek FD danna kiwwane ekama thamai math kiyanne.. but instead of opening 1 months FD and renewing it every month open 1 lak FD every month and put it for 1 year. 12% interest rate. and make it renew with interest.</p><p>basically you save 1.2 million per year withholding tax ekakata 2.5 or new scheme 5% adu unath you get 11% interest..</p><p>you will be able to collect 10 million with interest in about 5 years time. garaunteed.</p><p>thawa kenek kiyala thibba growth account ekak gana.. but ewage ekaka invest karanna epa hethuwa banks walin rates conditions wenas karanawa and it takes longer time...</p><p>compound interest is the key to grow wealth machan..</p><p>but one thing as you are earning morethan 1 lak per month open a tax file and pay taxes.. you actually have to pay a very little comparatively. if you get caught tax evasion you will have to pay a lot for penalties and it;s not worht the risk.</p></blockquote><p></p>
[QUOTE="sihan, post: 22149730, member: 26159"] machan meke kalin kenek FD danna kiwwane ekama thamai math kiyanne.. but instead of opening 1 months FD and renewing it every month open 1 lak FD every month and put it for 1 year. 12% interest rate. and make it renew with interest. basically you save 1.2 million per year withholding tax ekakata 2.5 or new scheme 5% adu unath you get 11% interest.. you will be able to collect 10 million with interest in about 5 years time. garaunteed. thawa kenek kiyala thibba growth account ekak gana.. but ewage ekaka invest karanna epa hethuwa banks walin rates conditions wenas karanawa and it takes longer time... compound interest is the key to grow wealth machan.. but one thing as you are earning morethan 1 lak per month open a tax file and pay taxes.. you actually have to pay a very little comparatively. if you get caught tax evasion you will have to pay a lot for penalties and it;s not worht the risk. [/QUOTE]
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