How tax is deducted on my fixed deposits? - KamilTaylan.blog
20 June 2022 22:52

How tax is deducted on my fixed deposits?

What is the TDS rate on FD interest? For all resident Indian investors, if the interest income earned on company FD exceeds Rs. 5000, the TDS rate is 10% (if PAN details are provided to the financier). If PAN details are not provided to the financier, the TDS deduction on FD interest is chargeable at 20%.