Banks and cooperative credit societies are the places which we generally keep our money. It can be in saving accounts, recurring deposits or fixed deposits. There are also other schemes run by the government such as senior citizen saving scheme, PPF, NSCs, etc. However, the first thing everyone plan while making an investment is that the interest income is not affected by Tax Deducted at Source (TDS). There are various Tax Deducted at Source TDS related provisions which are applicable to such interest income. It will also help you to understand when you will get your interest without TDS deduction and when will the tax be deducted Read More..
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