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  1. Navneetk24

    TDS on fixed deposit interest

    Hi, sorry for the newbie question. I am maintaining FD of 1 lakh each at five different banks. Is the TDS on FD interest income(40000/year) calculated per each bank or across all bank FD combined? In case of interest above TDS threshold, at which bank should I submit the form 15 G for non...
    • Navneetk24
    • Thread
    • fixed deposit interest tds
    • Replies: 4
    • Forum: Tax
  3. xfactcc

    Regarding arbitrary FD rate modification mid-way by SBM Bank

    Dear members, Background: In Dec '22 I got Paisabazar FD Step Up Rupay CC by SBM bank. 1 yr later in Dec '23 received an SMS that it has been closed due to non-usage. Looked up the RBI rule on it and learnt bank must inform customer 30 days prior and give opportunity to respond before...
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