Save TDS on Interest: Submit Form 15G or 15H Before Bank Deduction

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Bank Deducted Your FD Interest? Submit Form 15G/15H to Save TDS Annually

बैंक एफडी के ब्याज पर एक सीमा के बाद टीडीएस लगने लगता है.

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News18•10-03-2026, 19:22

Bank Deducted Your FD Interest? Submit Form 15G/15H to Save TDS Annually

•Form 15G/15H helps avoid TDS on FD interest if your annual income is below the tax bracket.
•Form 15G is for those under 60 (interest > ₹40,000, income within ₹3 lakh basic exemption limit).
•Form 15H is for seniors (60+) with zero tax liability (interest up to ₹50,000 exempt).
•Submitting these forms ensures full interest payment, increasing liquidity and avoiding ITR refund hassle.
•Remember to submit annually, have a PAN (else 20% TDS), and avoid false declarations to prevent penalties.

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