Tag Archives: 15H

Amendment on Form 15H – Senior citizens can claim higher TDS exemption on interest income

As per CBDT Notification No. 41/2019 dated 22/05/2019, senior citizens with a taxable income of up to 5 lakh can now submit in banks and post offices Form 15H to… Read more »

Where TDS is applicable and how relief is availed

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Salary income: Employer deducts TDS on total income, including income other than salary after taking into account all deductions and exemptions. This saves the individual the hassle of paying the… Read more »