Eligible taxpayers can submit form 15G to avoid TDS on FD

If your interest from FD is below the tax exemption threshold of ₹5 lakh, your tax liability will be zero and by filing Form 15G with your bank, you will be exempt from TDS with respect to your interest income

from mint - Money https://ift.tt/39z0Aiq
https://ift.tt/eA8V8J