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 ...
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, Form 15H are filed by people whose income is below the taxable threshold SBI account holders can log into their accounts online and submit the forms SBI said account holders can submit Form ...
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 ...
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) ...
Form 15H is for an individual who is of the age of sixty years or more while Form 15G is for all other individuals. If you have a bank fixed deposit, it’s time to make sure that your bank does not ...
New Delhi, Apr 21 (PTI) State-owned Union Bank of India on Friday said it has simplified Form 15G and 15H submission in association with Reserve Bank Innovation Hub by enabling online submission ...
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 ...
As per the Income Tax Act of 1961, financial institutions like Bajaj Finance must deduct TDS if the interest income of customers investing in FDs exceeds Rs. 40,000 in a financial year (this limit is ...
However, if the limit of interest earned through the interest rate in a FD exceeds the prescribed limit, it is taxed under TDS. To avoid this, it is necessary to fill Form 15H and Form 15G when you ...
Form 15g/15h for PF withdrawal works like a declaration that one is having an annual income of less than Rs 2.5 lakh. Form 15g/15h for PF withdrawal is required when the PF account is less than five ...