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Income Tax Budget 2025 Live Updates: TDS limit for senior citizens on interest hiked to Rs 1 lakh from Rs 50,000
Income Tax Budget 2025 Live: Finance Minister Nirmala Sitharaman on Saturday said tax deductions at source (TDS) will be rationalised for senior citizens and doubled from Rs 50,000 to Rs 1 lakh. FM ...
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To avoid new TDS on interest above Rs 1 lakh how much should senior citizens invest in bank FD
The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has proposed to double the TDS (Tax Deducted at Source) threshold for senior citizens earning interest income from bank FDs ...
Senior citizens can manage their Fixed Deposit interest income effectively. Banks deduct Tax Deducted at Source (TDS) on ...
It is anticipated that the scope of TDS on income from rent and fixed deposits may be further expanded- More Details Below ...
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