A Provident fund is a government-managed retirement savings scheme for employees who can contribute a part of their pension fund every month. And, Form 15G is a declaration that can be filled out by ...
With the start of the new financial year, it is time to file Form 15H and Form 15G to avoid the tax deduction at source (TDS) while computing the interest earned during the financial year. These forms ...
Income Tax Saving on FD: Fixed Deposits (FDs) provide an investor guaranteed returns in the form of interest earned on deposits. One can also get tax exemption on deposits of up to Rs 1.50 lakh under ...
The CBDT has simplified the procedure for filing of self declaration by individuals in 15G and 15H forms, allowing them to do it electronically. Forms 15G and 15H are filed by persons whose incomes ...
Individual investors fill up Form 15G and 15H to avoid tax deduction at tax. However, one should take due care while submitting these forms. Online submission of Form 15G/15H to benefit taxpayers ...
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) ...
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 ...
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 ...
Proposed the simplification of submitting Form 15G/H to avoid excess TDS. As per the proposal, investors will be allowed to submit Form 15G/H directly to the depository and avoid TDs on dividend and ...
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) has ...