Business Q&A

i ve fixed depositof rs.100000/ & on readiness i ve submiited form 15h as my interest income is inside the acceptable aim.But ridge deduct TDS and salaried me smaller quantity amnt of old age effectiveness in a minute pl relay me whether guard have done the right point though i ve submitted form 15h.what is the rule any interest earn on fixed deposit wall will reduce by TDS though it is below restrain ie interest earn below rs5000/?

---

from june this yea r TDS is very soon Rs.10000/- Now pls check like peas in a pod pls jump to PAN/TDS/IN incometax .

---

Individuals Tax Rate Surcharge Education Cess TOTAL
Payment 10% —- 3% 10.30%
upto 10 lacs
Payment 10% 10% 3% 11.33%
equal to & above 10 lacs
For Payment above Rs.10 Lacs Surcharge is on the Tax amount.
From June 2007 TDS is single for Interes amount above Rs.10000/- Please check this beside Income rates Department Website
http://law.incometaxindia.gov.in/taxmann…

---

here indian guard make available the intrest 9%
iam put 45days one and only me earn RS9000 you to ask the sandbank proprietor

---

15h form is required to be submitted up to that time they reduce by TDS and every year. I imagine the confine of deduct TDS on interest earn per annum is very soon changed to Rs. 10000.

---