RUPEETIMES.COM
Complete guide to TDS on fixed deposits in India
I have a fixed deposit of Rs 5000.00.The fixed deposit is in Joint Name.1st name is my father and 2nd name is mine.The fixed deposit was made from my personal account and interest also be credited on my personal account . 1.Can the bank charges TDS on my name or my fathers name ??2. Is the income treated as my father's income or mine??
Rupak Banerjee (Posted: Apr 22, 2009)
I want clarification regarding TDS on interest income. Interest income upto 10000 is exempt from tax, but if interest income is (say) 11000 then 10% TDS will be deducted from (11000-10000=1000) or from entire 11000?
Sunil Yadav (Posted: Nov 7, 2008)
what is TDS?
how it is work with fixed deposit ?
ashish shrivastava (Posted: Oct 24, 2008)
I will start with example ; If I will be earning interest of 50,00on the maturity of FDR. and i pay declare every year with accrual interest of 12,500 and pay 10% interest on 2500 which is in excess of 10000.
Do i have to pay TDS on maturity after 4 year when FDR is encashed.
How do you treat non resident indian with ITO
phurbu (Posted: Oct 9, 2008)
TDS RATE ON NRO FIXED DEPOSIT HELD IN CANARA
BANK IN INDIA
RASHID HUSAIN (Posted: Jul 31, 2008)
NRE deposit can be changed to NRO deposit,then what will be tds deduction on that interest earned.
chandraknt (Posted: Apr 1, 2008)



  Post your comment:  
Your Name:
Email Address:
Comment:

Enter the words above:
COMPARE QUICKLY
 Select a product:
 
CALCULATE QUICKLY
 Select a product:
 
EDITORS' PICKS
Carnival of Indian Personal Finance Blogs #4
Calculate your tax
FD: Opportunity for retirees to diversify...
Should you preclose your current FD for...
Gold ETFs or Gold Funds: Which One Should...
Financial planning: a tool to retire...
Recurring deposits: to the benefit of the...
Plan your tax, don’t evade it
Fixed Deposits: Safest instrument to invest
Recurring Deposits or Systematic...

NEWS THIS WEEK
Federal Bank launched V connect for its customers Feb 12, 2015
Andhra Bank on expansion mode Feb 11, 2015
Dena Bank earned a profit of 13%. Feb 9, 2015
Banks expected to cut down the rates Feb 5, 2015
RBI kept the rates unchanged Feb 4, 2015
News Archive