The Financial Express

How can Form 15G & Form 15H save TDS on interest income?

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: ...
The Hindu

Understanding Form 15G: A Guide for Bajaj Finserv Customers

As per the Income Tax Act of 1961, financial institutions like Bajaj Finance must deduct TDS if the interest income of customers investing in FDs exceeds Rs. 40,000 in a financial year (this limit is ...
Mint

Do I have to file an income tax return (ITR) if I have submitted Form 15G?

Representational image. If your income is less than the basic exemption threshold of ₹2.5 lakh per year, you can submit Form 15G.(Mint) Question: I am a student and have no income except the interest ...
Zee Business

Income Tax: How to save tax on interest income from FD, recurring deposit, and other saving instruments

However, if an individual's total interest income is below the taxable limit, then they can submit Form 15G and 15H to the bank and request them not to deduct any TDS. Representative image. Source: ...