To avoid new TDS on interest above Rs 1 lakh how much should senior citizens invest in bank FD
For senior citizens, banks will now deduct TDS if interest amount exceeds Rs 1 lakh in a particular bank. However, with smart ...
Budget 2025 hikes TDS limit for senior citizens: Here is a list of banks offering highest rates on 1-year FDs for senior citizens
The Union Budget 2025 proposes raising the TDS threshold, offering additional financial relief to small taxpayers and senior ...
Union Budget: TDS relief for small taxpayers, TCS boost for international trip
Budget 2025 proposes increasing threshold limits for tax deducted at source (TDS) across various income categories, ...
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Banks set for deposit surge; Budget’s tax, TDS relief could drive ₹42,000 cr inflows
M Nagaraju, Secretary of the Department of Financial Services, said the Budget move is expected to bring an additional ...
Income tax, TDS relief in Budget could bump up bank deposits by up to Rs 45,000 crore, says financial services secy
The government expects income tax-related measures announced in the Union Budget 2025-26 to lead to additional bank deposits ...
TDS limit for interest income from bank FD hiked from Rs 40,000 in Budget 2025: Check details
Budget 2025 proposes raising the TDS threshold on interest earned from fixed deposits by non-senior citizens from Rs 40,000 to Rs 50,000 per annum, effective April 1, 2025. TDS is deducted by banks on ...