Understanding TDS on FD Interest in India
When it comes to Tax, the well-established rule is that no income can escape it, except in cases where your income is lower than the taxable threshold. In such circumstances, your income is exempt from Tax. However, you still need to follow the rule book and get your documentation right to ensure that you do not end up paying Tax to the income tax (I-T) department when you do not owe any.
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