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Fixed Deposit

How to Avoid Tax Deduction at Source (TDS) on Bank Fixed Deposit?

November 23, 2009

Most of the people are distress from the process to get an income tax refund from the income tax department. You all know when we open a fixed deposit account in the bank, the TDS will be deducted from interest paid on your fixed deposit. In this article, I will tell you, how to prevent [...]

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All About of Form 15G and Form 15H

November 22, 2009

Form 15G and Form 15H are used for averting the TDS deduction on interest earned during the financial year on fixed deposits in Banks. There are lots of hesitations in the minds of my subscribers about these forms. They usually enquire about these questions i.e. What is Form 15G and form 15H, How one can submit these [...]

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Latest Bank Fixed Deposit Rates – FD Rates

September 18, 2009

Government of India has designated certain schemes as eligible for tax savings under Sec 80c of the IT Act. Amounts upto Rs. 1 lakh per year are deductible from taxable amounts under this provision.  Schemes eligible under this provision include certain Post Office schemes, tax savings bank fixed deposits (which have to be of at [...]

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