CBDT
Senior citizens, above 60 years of age, have to submit Form 15H to banks at the beginning of a financial year to ensure that no tax is deducted at source on interest income. (Representational Image)
Senior citizens with taxable income up to Rs 5 lakh can seek TDS exemption on bank interest
23 May 2019 6:07 PM

Earlier, the limit for seeking Tax Deducted at Source (TDS) exemption was Rs 2.5 lakh.


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