Old vs. New Tax Regime: Understanding the Differences For the assessment year 2024-25, individuals and Hindu Undivided Families (HUFs) have to pay taxes under the new tax regime unless they opt for the old regime while filing their return of income before the due date. The new tax regime ...
If you believe that your total interest income for the year will not fall within overall taxable limits, you should inform the Bank not to deduct TDS on deposits by filing Form15G or 15H(There are chances that in-spite of filing Form 15H/15G TDS may be deducted. Govt has asked the ...