Indian Oil Corporation Limited announces TDS deduction details for 2nd Interim Dividend 2025-26. Resident and non-resident shareholders must submit Form 15G/15H or relevant documents by March 12, 2026 ...

The new Schedule 1-A and updated instructions enable taxpayers to claim the new tax breaks for tips, overtime, car loans and ...

The Union Budget 2026 has introduced a procedural reform that could significantly ease tax compliance for senior citizens who earn interest income from bonds, debentures and other securities held in ...

The Union Budget 2026–27 did not introduce any changes to income tax rates, but announced several targeted measures to ease the compliance burden for individuals and small taxpayers, part of a broader ...

The Union Budget 2026 has introduced a procedural change that could make tax compliance easier for senior citizens who earn interest income from bonds, debentures, and other demat-held securities. The ...

Over the next three to five years, there could be more IPOs with an emphasis on growth, increasing capacity and related activities, leading to enhanced employment opportunities. Currently, investors ...

Can I get the form 15H for exemption from TDS on bank interest, pension and dividend amount exceeding ₹10k? My total anticipated income is well below ₹12 lakh. N. Kalyanasundaram Under the new tax ...

Indian taxpayers face five essential tax deadlines on April 30, impacting declarations, TDS deposits, and forms 15G and 15H. These crucial dates could influence financial compliance and planning. The ...

I am a 62-year-old retired professional. I submitted Form 15H to my bank, but TDS was still deducted on my interest income. What should I do now? Also, when is the best time to submit Form 15H to ...

As per the provisions of Section 194A of Income Tax Act, 1961, when Bank, Co Operative Society or Post Office, pay interest to any person more than Rs.40,000 and Rs.50,000 to senior citizen tax @ 10% ...

Fixed Deposits (FDs) are a well-known savings tool in India, offering a fixed interest rate and lower risk compared to other investments. However, the interest earned on FDs is subject to tax, which ...