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TDS on FD interest decoded: Who pays, how much banks deduct, and exemption rules

Fixed deposit interest remains a key source of passive income for many Indians, but it also attracts tax rules under the Income Tax Act. From TDS thresholds and PAN requirements to Form 15G/15H ...

Expecting nil tax liability this year? Know which form to submit to avoid TDS on bank interest, rent and dividend income

Taxpayers with nil estimated tax liability can avoid TDS on certain incomes by submitting a declaration to the payer. Here’s who can submit Form 121, which incomes are covered, what details are ...

TDS statements can be filed directly through TRACES portal: What changed from tax year 2026–27? Expert explains

TDS and TCS compliance has moved to an online filing setup from Tax Year 2026-27 onwards, changing how deductors submit quarterly statements. The process brings fresh forms, a separate compliance ...