Union Budget 2026: In a move aimed at simplifying tax compliance for retail investors, Finance Minister Nirmala Sitharaman in her Budget 2026 speech proposed enabling depositories to accept Form 15G ...
In the Union Budget 2026, Finance Minister Nirmala Sitharaman drew attention to Form 15G, a small but important tax document ...
Investors can now submit Form 15G/H directly to depositories to avoid excess TDS on dividend, interest from securities, and ...
The proposal aims to cut paperwork and prevent unnecessary tax deduction for eligible investors, especially senior citizens ...
Union Budget 2026 offers big relief for small taxpayers with automated nil-TDS certificates and centralized Form 15G/H ...
Union Budget 2026 brings significant relief for retail investors by simplifying tax compliance related to TDS exemption. Finance Minister Nirmala Sitharaman announced that depositories like NSDL and ...
Banks deduct TDS when your interest income for a financial year crosses Rs 40,000. This interest income limit is Rs 50,000 for senior citizens under section 194A of the Income Tax Act. For tax ...
Buybacks will be treated as capital for all investors except promoters. In the case of corporate promoters, the tax would be ...
As per the Income Tax Act of 1961, financial institutions like Bajaj Finance must deduct TDS if the interest income of customers investing in FDs exceeds Rs. 40,000 in a financial year (this limit is ...