If you are meant to receive an interest income from a bank and your total annual income is likely to stay lower than the minimum threshold that qualifies for tax liability then you must intimate the ...

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 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 ...

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 ...

However, if an individual's total interest income is below the taxable limit, then they can submit Form 15G and 15H to the bank and request them not to deduct any TDS. Representative image. Source: ...

The end of the first quarter of a financial year, which is on June 30, is the time when most depositors get first quarterly interest credited for their fixed deposits. However, this is also the time ...

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 ...

With banks in Tamil Nadu operating with reduced business hours from Monday amid the surge in COVID-19 cases, senior citizens have called for extension of time for filing form 15G and form 15H. Form ...

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 ...

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 ...