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How To Dispose Interest In Savings Accounts?
In India as there is no banking system as per Islamic Sharia. People who are government servants receive their salaries in savings account in the banks which also gives them interest on these deposits. How can one avoid taking these interests? Whether these interests received can be adjusted while paying Income Tax?
Secondly, Ghamidi Sb. has explained that it is because of ‘zulm’ taking of Riba is prohibited. Here, there is no ‘zulm’ from either side, hence how does the concept of Riba fit in this case?
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