If you invest in certain instruments like bank fixed deposit, recurring deposit and corporate deposit, the interest you earn is taxed. Banks and post offices will deduct TDS (Tax deducted at source) ...

SBI savings account holders can submit Form 15G and Form 15H online using internet banking facility A tax payer below the age of 60 years can use form 15G, while those above the age of 60 years can ...

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 ...

The Employees’ Provident Fund (EPF) is designed to support employees’ long-term financial security, with both the employee and employer contributing 12% of the employee’s basic salary and dearness ...

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 ...

Form 15G/H submission on WhatsApp: Union Bank of India has enabled its customers to submit their Form 15G/H through WhatsApp to claim TDS exemption. In a statement, the bank said that in collaboration ...

Banks deduct TDS when your interest income for a financial year crosses Rs 40,000. This interest income limit is Rs 50,000 for senior citizens under section 194A of the Income Tax Act. For tax ...

SBI, the country’s largest bank, has eased rules for submission of Form 15G and Form 15H by its account holders. SBI in a communication through Twitter said account holders can submit Form 15G and ...

Indian taxpayers face five essential tax deadlines on April 30, impacting declarations, TDS deposits, and forms 15G and 15H. These crucial dates could influence financial compliance and planning. The ...

When it comes to tax, the well-established rule is that no income can escape it, except in cases where your income is lower than the taxable threshold. In such circumstances, your income is exempt ...