WHAT IS JOINT ACCOUNT, TYPES OF JOINT ACCOUNTS, BENEFITS OF JOINT ACCOUNTS, TAX LIABILITY

IN THIS VIDEO WE WILL DISCUSS Joint bank account.
Whenever we go to bank for account opening or fixed deposit, we fill up the form but we do not understand the meaning and importance of some terms.
Mode of operation:
Either or survivor
Anyone or survivor
If we fill wrong then what can happen?
We can open account singly but there are many benefits of account opening jointly. There are many benefits.
So always prefer to open account jointly
When you open joint account then there are many options available to be selected.
Which facility to be offered to joint account older and which are not
Many modes:
1. Either or survivor
2. Anyone or survivor
3. Jointly or survivor
4. Jointly
5. Former or survivor
6. Latter or survivor

[@Randhawa.Family]

Nice information

[@30081984v]

Thankyou, please subscribe the channel and share with others

[@vickyagarwal9880]

Sir joint account main kiske itr file karana hoga

[@30081984v]

both
tax2win.in/guide/tax-on-interest-from-joint-bank-account

[@Sparsh_Ahuja]

​@@30081984v In link showing both are liable for the bank intrest.

[@vickyagarwal9880]

Ist account holder or 2nd account holder

[@goutammahato4910]

Either or survivor account, death of any account holder does the other account holder gets all the money invested through the account?

[@30081984v]

If the ‘either or survivor’ mode is chosen, on death of any one of the account holders, the surviving one alone can operate. He/she will be entitled to the balance in the account.

[@vikaspal1659]

Please apka number mil sakta h

[@30081984v]

Apna question post kijiye yahan par