Senior CItizen Interest Income Tax Rules 2024 | FD & Saving Account - TDS and Income Tax Rules 2024
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- Опубликовано: 4 окт 2024
- Senior CItizen Interest Income Tax Rules 2024 | FD & Saving Account - TDS and Income Tax Rules 2024
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In this video, we have discussed about income tax tds rules on interest income for senior citizen. Interest income may arise from saving account, fixed deposits or any other deposits. As per income tax act, resident Indians above age of 60 years are referred as senior citizens.
Topics covered in this video
interest income itr filing
fd tds return filing online
15g-15h kya hai
tax on fd interest
fd interest taxable or not
tds rate on fd interest
tds refund kaise hoga
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Inflation is rising but tax limits are not raised medical expenses are expensive due to high taxes on them. Senior citizens who rely on interest income are badly hit, but who cares.
बकवास वीडियो
भाई सीधे सीधे यह बताओ इतनी धन राशि जो इ़टिरेस्ट में मिलती है यह टैक्स फिरी है ओर इससे अधिक राशि जो साल में ब्याज की मिली सीनियर के लिए कितनी धन राशि एक साल की बयाज मुक्त हैं
Jo rule hai, wo hi bataunga, apni taraf se thori kuch bhi bol dunga sidha sidha ki, koi amount se jyada tax free nhi h.
Agar tumko samaz nhi aaya to firse dekho, mene to puri tarah sahi jankari di hai.
Recurring deposit interest is not calculated for TD's
😊@@javedahmad4392
Why saying Bakwas . It is explained well n all is right ok Mr. Javed bro..@@javedahmad4392
बहुत अच्छी जानकारी दी है आपका बहुत बहुत धन्यवाद जी।
All income tax paying persons are aware of the said rules. What are the revised rules ? Explain please.
Nowadays, income from interest from all sources is already pre-filled in ITR return. No chance of evasion.
Very useful information so ty bro god bless you
Very very useful. Thanks a lot.
Pl share a video for 80+ senior citizens regarding Income tax and TDS on FD
8:35 You said that senior citizens should submit Form 15h in each financial year. Brother, when our interest is not more than 50000 then why should senior citizens submit Form 15h?
Income Tax Limit Should Not Be Less Then 20 Lac At Present Normal Standards Of Livings.
ONE IMPORTANT THING YOU FORGOT. DEPOSIT 15H/15G TO BANK & DONT FORGET TO GET PROPER RECEIPT WITH OFFICIAL SIGNATURE & SEAL. OF BANK
I FACED---------BANK DENYED HAVING RECEIVED 15H & I HAD TO FACE THE MUSIC.
Explained well. Tks sir
कृपया ये बता दीजिए कि FD SCSS Scheme me maturity period पूरा हो जाने के बाद Extend कराने पर Extension Period मे क्या u/s 80c का लाभ मिलता है
Excellent thanks
Nicely explained in Lucid Language.
kya senior citizens ke do bank me FD karwane par combined interest par TDS lagega ya individual bank par lagega ? Thoda Doubt hai, aapne video me clear nahi kiya.
Maine kisi aur video me dekha tha ki senior citizens ke liye max 60,000 ₹ Interest income kisi ek financial year me tds ke under nahi aata.
Please answer.
Thanks for the explanation! for a senior citizen with a FD, the bank has asked to pay the TDS due to not linking of PAN and AADHAR. When I check the 26AS form, the TDS has not been deposited so I cant even claim a refund through the income tax dept. Is the bank responsible to pay the TDS to the IT? Bank is now put some amount on hold calling it a penalty for not linking PAN and AADHAR while they have not paid the TDS against the PAN to the IT. Who is responsible to fix this? please advice!
Additionally I have paid a penalty of Rs. 1000 for not linking the PAN and AADHAR in time.
The 15H form has already been filled and I have a proof of the same.
That's consequences of not linking pan with aadhaar on time. Only you are responsible
@@BankingBaba right, I understand! my question now is if I can claim a refund of the same by filing IT returns?
Thank you for your information.
Very nice information thanks dear Rajesh ji
Senior citizen ki FD per Bank ne TDS 20% se bhi zyada kaat liya hai aur kaha ki surcharge bhi hai isme, but PAN card already deposit kar rakha tha, 15H bhi timely diya tha. Can you tell me what is this surcharge aur kya ye every single FD ke interest par kaat liya jayega in a same bank
The Rules are explained in detail in this video. However, these rules are not new. This video refreshes the viewers.
Form 15H should be submitted to all banks in the month of April every year so long as a deposit is active.
Senior Citizens are exempt from paying Advance Tax. But Advance Tax may have to be paid quarterly if a Senior Citizen has business income. Else, interest may have to be paid for the default amount and period.
A hint at Accrued Interest and its implications, the importance of collection of “Interest Paid Certificate” from banks could be of interest to some people.
For ICICI BK.They ask 15H or 15 G for every fd. Pl.note this.
Form 15 H ( 28 March - 03 April ke beech)
You ae making it so complicated. Explain in a simple way.
Income per Duble tax GST n income tax le Rahi hai government. Kya ye sahi hai
THANKS FOR INFORMATION. MY QUESTION IS WHETHER TDS CAN NOT BE DEDUCTD WITHOUT SUBMITTING FORM NO 15 H. IN OTHER WORDS BANK SYSTEM NOT DEDUCTING TDS BY NOT ENTERING FORM NO 15H IN THEIR SYSTEM.
CAN IT BE POSSIBLE.?
I need one clarification as per IT act, the amount received of PF and VPF is it taxable? [At the time of retirement or withdrawing during service only PF/VPF portion < is it allowed > ] How much anyone can contribute towards VPF. Should anybody pay tax on PF+VPF+Interest earned?Please clarify.
Mujhe ek question tha ...kitna amount bank ke FD mei safe hai ...God forbid agar bank doobta hai toh ..yaane humko hamari rakam wapas mil sakti hai ?
As per my knowledge ₹ 5 lakhs.
Utne hi amount ka insurance hota hai
Yes it is upto 5 lakh. But this 5 lakh includes your Principal Amount plus Interest.
Thank you for the reply. 🙏
Only five lac in one bank .
@@pritpalSingh-pe8cc bohot shukriya
A lot of thanks!
Sir, my Father age is 65 year, he have FD in bank of 5 Lakhs for 2 years.
total interest on maturity is ₹ 68,366.00.
1st year interest will be ₹ 1,164.62 March-Apr 23-24
2nd year Interest will be ₹ 39,899.15 Apr-March 24-25
3rd year interest will be ₹ 27,302.23 Apr-March 25-26
Total Interest will be ₹ 68,366.00. for 2 years
will bank Deduct TDS on interest ₹ 68,366?
Because Interest Earn on FD for 2 year is above 50k limit.
Do he need to fill 15H form? (Retired Person) no any other Source of income.
Please Answer.
Very useful info ...thank you brother 🙏
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?
Very Informative.
Agr bank se fd ka interest k saath Rd ka v interest aaye to TDS kaise calculate kare? Plz guide
What is the tds rate FY 24-25
Sir, mujhe jamin sales ka 6lakh paisa mila,mujhe ish paise 90 days ke liye Sbi branch me FD karnaa hai.
Kya mujhe 15 G form filup karna padega???????????
Pls bataiye 🙏🙏🙏🙏🙏
, Sir joint account mein kitne 13:03 13:03 intrest par TDS katata hai.
Nice information
What about ointerest earned on SCSS2004 and Edelweiss bond interest?
Please arrange calculator of income tax new and old
Nice video sir 👍
Thank sir, thank sir
What about Super Sr Citizen case?
Senior citizen ka riteyarment ke kitne din baad tak khul sakta hai
रिटर्न नही भरेंगे तो बैंक जो टीडीएस काट रहा है इंटरेस्ट इनकम पर वो कैसे क्लेम करेंगे?
अगर TDS कट गया, और claim करना है तो केवल 1 ही रास्ता है, रिटर्न फाइल करो
Namasthe.
Pl let me know if there is any rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ in personal pension?
Yes, 15000 deductions from family pension
And 50,000 from self pension both are allowed.
Are you in Mumbai?
Sir agar ciniercitizen ka fd interest 400000 hoto TDS kitna Kate ga?
TDS Rate, interest ka 10% fix hai means 40000.
Agar pan card nhi jama hai bank me to 20%
@@BankingBaba sir may ray parents ka age above 70+ hai too v TDS Lage ga kya?
Agar hamari income 5 lakh se zyada he to kya hum 15 H form bhar sakte hein taki TDS nakate? Pl clarify.
Yes
Agar income 12 lakh ho fir bhi 15 G/ 15 H submit krva skte hai ,agar 20 lakh ki FD bank mein krva rakhi ho ,other than senior citizen?
You are giving bonus infomation my income is 60000 and on dposir I got6000 but bu
Sir tex pay kaha karana hai
All the of income are taxable.
sir 15 h jab jama karna hi hai to itni kahani kyo bata rahe hain confuse mat kijiye
Sirscss account bank opened so this is govt plan I think for the interest quarterly tds deductible sir please reply sir. Form15.h submitted at the time of begining.
Form 15H should be submitted to all banks in the month of April every year so long as a deposit is active.
Abi tex seven lac. Tak nain hai esh bare batana chaye
Banaya hua hai uspe bhi video, channel pe dekhe
Naya kya hai isme?
Sab kuchh to purana hi hai.
वही पुरानी कहानी कुछ नई बात बताईए
Anything new. These are well known facts. Time barbar mat karo bhai.
Nothing new bro
KYA AAP ITR BHI FILE KARVAATE HAIN? AGAR HAAN TOH AAPKE CHARGES KI RANGE KYA HA?
MAY I HAVE YOUR MOBILE & WHATSAPP NUMBER?
ये गलत बोल रहा है सीनिअर सिटिजन अगर पोस्ट मे सीनिअर सिटिजन अकाउंट मे 15 H फॉर्म भरने से टी डी एस नहीं काटा जाता गलत है मैंने 15H फॉर्म हर साल भर कर देता हू फिर भी मेरा हर साल टी डी एस पोस्ट ऑफिस कट रहा है
Me Galat nhi bol rha, Na hi mene koi Rule banaya hai. Jo rule hai Wo bata rha hu kewal, Ab agar aap post office me Form 15h jama krwate hai toh uska acknowledgment post office se lia kro, or uske baad bhi agar TDS cut ho rha hai to complain kro. Bina acknowledgment ke complain nhi kr paoge
टीडीएस काटने के कारण, 15H जमा करने का तथ्य रिकॉर्ड में दर्ज नहीं होना, या एक बैंक में FD पर अर्जित ब्याज 50,000 से अधिक होना, हो सकता है |
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?
Pl let me know if there is rebate of Rs 15000/ on family pension along with rebate of Rs 50000/ of personal pension in new tax system?