Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Form 15G for provident fund (PF ...

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 ...

State Bank of India (SBI), in a communication through Twitter said account holders can submit Form 15G and Form 15H online using internet banking facility. The Central Board of Direct Taxes (CBDT ...

50,000 for senior citizens). However, if your total income does not exceed the basic exemption limit, you can file Form 15G to prevent the deduction of TDS on interest income. This prevents ...

One effective way to do so is by utilizing Form 15G or 15H to avoid Tax Deducted at Source (TDS) on interest income from fixed deposits (FDs). What can you do to avoid the bank deducting TDS on ...

Form 15G/Form 15H is used to avoid tax deductions if your total interest income is not taxable. Banks are required to deduct TDS when your interest income for a financial year goes above Rs 40,000.

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 ...

Depositors and investors in fixed-income instruments may be familiar with the Form 15G or 15H. These forms are widely used by investors to avoid the tax deducted at source (TDS), if their ...

She is a housewife with no other income and the yearly 15G form was submitted to the bank. However, on the maturity date, it was noticed that TDS was deducted by the bank on the interest amount.

State Bank of India (SBI) savings account holders can submit Form 15G and Form 15H online using internet banking facility. The Central Board of Direct Taxes (CBDT) had allowed the Form 15G/Form ...

PF Withdrawal: What is Form 15G? Form 15G is an authorized document that will make sure that there is no TDS deduction on the amount of interest you receive on PF or EPF. This declaration is mandatory ...