TDS on FD interest gained up to Rs. 50,000 is eligible for exemption under Section 194A for senior citizens (individuals of age 60 years and above) and Rs. 40,000 for other individuals. FD interest ...
Every month, Ranjani Purohit, a women’s apparel manufacturer and seller in Jaipur, has to set aside an extra ₹50,000 just to fulfill her tax deducted at source (TDS) obligations. Purohit is liable to ...