Section 234A,234B,234C : Interest Penalty for not paying Expected IncomeTax on Time Self Assessment Tax, Pay Tax using Challan 280, Updating ITR ITR: Income from Other Sources, Exempt Income Income From Other Sources :Saving Bank Account, Fixed Deposit,RD and ITR Interest on Saving Bank Acc...
NRO accounts may be opened in the form of current, savings, recurring or fixed deposit accounts. Interest earned on the Non Resident Ordinary Account (NRO) is taxable and will be subject to a TDS of 30%. This holds true for Post office also. There is no basic exemption limit. For examp...
When you open a fixed deposit with bank then you are lending money to the bank and it pays you interest. Applicable interest rates will be given as on the date of receipt of the funds by the bank and is fixed for the specified duration. Interest that is earned on fixed deposits is tax...
NRO accounts may be opened in the form of current, savings, recurring or fixed deposit accounts. Interest earned on the Non Resident Ordinary Account (NRO) is taxable and will be subject to a TDS of 30%. This holds true for Post office also. There is no basic exemption limit. For examp...