The proposal aims to cut paperwork and prevent unnecessary tax deduction for eligible investors, especially senior citizens ...

A Provident fund is a government-managed retirement savings scheme for employees who can contribute a part of their pension fund every month. And, Form 15G is a declaration that can be filled out by ...

According to section 192A of the Income Tax Act, Tax Deducted at Source (TDS) will be deducted if the withdrawal amount exceeds Rs 50,000 and the employment tenure is less than 5 years. To avoid TDS ...

If you have any income other than FD interest which may push your total income in the said financial year above ₹5 lakh threshold, then you need to assess your tax liability and pay tax as per the ...

Income Tax Saving on FD: Fixed Deposits (FDs) provide an investor guaranteed returns in the form of interest earned on deposits. One can also get tax exemption on deposits of up to Rs 1.50 lakh under ...

Income Tax Return: April is a great opportunity to proactively plan your tax strategy for the upcoming fiscal year. One effective way to do so is by utilizing Form 15G or 15H to avoid Tax Deducted at ...

New Delhi: In a customer-friendly move, the Union Bank of India has made it easier for its customers to submit Form 15G & H annually online using the bank’s Union Virtual Connect WhatsApp channel ...

SBI Form 15G/H Rules For tax on Fixed Deposit, Recurring Deposit Interest: All those SBI customers, who do not have a taxable income, can fill out form 15G to request the bank not to deduct tax at ...