The proposal aims to cut paperwork and prevent unnecessary tax deduction for eligible investors, especially senior citizens holding securities across companies ...
FM Nirmala Sitharaman has announced that senior citizens will now be allowed to submit Form 15H just once through their ...
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 ...
If you invest in certain instruments like bank fixed deposit, recurring deposit and corporate deposit, the interest you earn is taxed. Banks and post offices will deduct TDS (Tax deducted at source) ...
The revised Form 15H can now be submitted in banks and post offices to claim exemption from TDS on interest income on deposits.(Pradeep Gaur/Mint) The income tax department has issued a revised Form ...
State Bank of India (SBI), in a communication through Twitter said account holders can submit Form 15G and Form 15H online using internet banking facility. The Central Board of Direct Taxes (CBDT) has ...
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Budget 2026 brings major relief for senior citizens: One-time Form 15H submission to avoid repeated TDS hassles
Budget 2026 has introduced a significant tax compliance reform aimed at easing the burden on senior citizens. In a move ...
Union Budget 2026 eases tax compliance for senior citizens by allowing central Form 15H submission via depositories, streamlining interest income filings.
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