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 ...

Form 15H is a boon for those senior citizens who have limited income but expect to earn more than Rs 1 lakh as interest from fixed deposit as this form may help them avoid the deduction of TDS 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 ...

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 ...

You can stop banks from deducting TDS on your fixed deposit interest—if your total income is below the taxable limit. Banks usually deduct 10% tax (TDS) if your FD interest is more than Rs 40,000 in a ...

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