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 a self-declaration for non-deduction of taxes at source which can be submitted by an eligible person to the payor of specified incomes. Specified incomes includes income from provident ...

Ideally, these forms should be submitted before the start of the financial year for which TDS is to be deducted or before the first income payment which is subject to TDS. (Image: Reuters) Question: ...

If you are an EPF (Employees Provident Fund) subscriber, and at the time of withdrawal, you do not want TDS (tax deducted at source) to be deducted, you need to fill out form 15G. The TDS is deducted ...

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 ...

I am a 62-year-old retired professional. I submitted Form 15H to my bank, but TDS was still deducted on my interest income. What should I do now? Also, when is the best time to submit Form 15H to ...

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 ...

After submitting Form 15H in SBI, a Unique Identification Number (UIN) will be generated. Download a copy of the completed form for reference. After submitting Form 15H in SBI, a Unique Identification ...

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 ...