Fixed Deposit (FD) Limit to Avoid Income Tax Notice || Fixed Deposit TDS Limit in 2024
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- Опубліковано 15 лис 2023
- Fixed Deposit (FD) Limit to Avoid Income Tax Notice || Fixed Deposit TDS Limit in 2024
In this video, we delve into the world of Fixed Deposits (FDs) and explore the role of FD limits in avoiding income tax scrutiny. Discover practical hacks to manage your FD investments effectively to avoid getting any notices from the IT Department.
we also discuss the TDS Limit on FD and how you can minimise the both Income Tax and TDS.
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your earn ure salary, pay taxes.. you spend your salry and pay taxes.. you save your salary and also pay taxes.. ghar aaakr hmse paisa cheen lo na..
Then go to Pakistan u people ate not needed here
Best comment 👌🏻👌🏻
sahi baat hai...
Modiji badi badi batein karte hain abtak salaried people se income tax ni hatwa paye, jabki desh k GDP me salaried income tax ka %age bhot kam hai.
sahi hai...bas hum log to sarkar ke liye kama rahe hain...Loot macha rakhi hai sarkar ne...
Why is nobody coming on the streets to oppose this Indian tax terrorism of the FM?
03:20 TDS is applicable only if FD Interest Income is above 40k per year. No TDS will be deducted if your interest is 16k as shown in example
Yes
Yess 💯
Yea true 🫡
two questions :
1. 40k interest for 1 calendrer year or financial year ?
2. Above 40k interest accrued or interest received un bank account ?
@@neeraj_dama financial year
You are providing wrong information, interest earned upto 40 k and 50 k for senior citizens is totally tax free, No TDS deducte respectivaly 40 k and 50 k, you can sibmit Form 15G/15H if interest earned more then 40K/50k. If you filling ITR you can Claim your deductable TDS for refund....Thanks
Me pnb me 20000 ka fd kiya tha 2023 me abb interest me tds Katta hae
4:30 A small correction, even FD INTEREST for senior citizens can be claimed as deduction upto maximum amount of 50,000 under section 80TTB
15 g and 15 h form submit
80TTB is applicable only in the old regime and NOT in the new regime.
@@skycraper143415g ka form kab submit karna
Nice information, thank you for sharing this 👍
Nice to see you again
Thanks for information
4:35 But U/s 80TTB Intt on FD is also exempted. (Only for senior citizens)
Will these rules be applicable to SBI Auto Sweep created FD's ??
Mod balance is fixed deposit also so uska bhi tax dena padta hai kya?
3rd point clubbing of income
2nd point tax liability devided in 3 years.
Kindly explain these two concepts. If there is any video for it, please provide the link.
mera credit score CRIF per show kar raha hai lekin mera transunion CIBIL me (NH) dikh raha hai to kya kare 1 sal se micro loan hai plz help
Sabse best hack dubai jao aur wohi kamao. Koi tax nahi barna. Sirf gst rehega😢
Agar India ki growth me sahyog karne ka chance mil Raha hai to kyu jyada money k liye apne India se bhage
@@aahhuujjaa Sahyog karne mein koi galti nahi hai lekin itna complex taxation ke chalte growth bhul jaoge aur sirf tax kaise bachaye karte sochte rahoge. Jab ek aadmi unemployed tab job ka tension, jab job lagi toh tax ka tension. Mein tax kam zyada karne ki baad nahi kar raha, atleast automate kar do. Saalon baad bhi income tax notice ka bhoot ghoomta rehega.
5% vat, only for business income. Salaried employees are tax free
@@therealprakash5% vat on almost everything and every transaction. I'm In UAE from before VAT was applied
Kitna useful hack h
Actually when calculations of tax considered on fd and savings interest. Why not government considered inflation into account.
Ma'am e- wallet with my KYC, load and unload karne se income tax mai koi impact hota hai kya !?
what a timing --Thankyou so much
Welcome 😊🙌
For NRE acoount ?@@bekifaayati
A small correction: The exemption limit in case of HUF is ₹3 Lakhs as no Rebate is available to them. For Individuals it is available whose income is below ₹7 Lakhs
Agar sal ka 1.50 ded lakh fd intrest aata ho to kya tds katega please reply usme 15 g ka form bare to chalega 🙏🙏
Very useful video...🙏🙏🙏
Ye form sab bank me bharne hoga ya ek bar bharne se ho aur kitne sal tak bharna hai.
If someon saves 3lacs but declared income 2lacs on 15G in the same bank account,is it violates any rule?
Mam 1year 40000 fd intrest milra hai
But year ussi fd amount m 40k add toh uspe bi tds cut hoga ????
Mera fd se Belo 40k/ year intrest ata hai to kya mujhe bhi bharna hai aur kaise pata chalega cut raha hai ya nahi kya passbook me print ata hai
fd ,rd and savings a/c tax rules in case of 2or 3 holder a/c.and who is going to be tax payer in this case.
You can opt for monthly interest also
Ma'am talk about PNB platinum Micro Rupaye Credit Card 💳 because no one can tell us about its benefit, charges, reward points etc in UA-cam.
I hope you can see my comment and make a video on this topic ASAP.
Rbi ne rate wgera increase kra h kuch loans wgera pr toh usse fd par farak padega?
Can I invest lump sum in fixed deposits?
Hlo mam meri pay aati hai government employee hu income pr tax kat kr ata hai. Rd se paise nhi jud rhe the maine bullet repayment gold loan lai liya or uski fd krva di. wo loan mai 6-7 month mai utaar du ga. Kya ab us amount pai bhi tax dena pdega ? Maine pehle hi tax diya hua hai apni income pr kya jo amout loan pe li hai us pr bhi dena pdega ?
No maximum limit on FD amount . Income Tax Department will not come to you as long TDS is deducted and you pay tax as per your tax bracket.
U don't have any videos on your new forum?
Good information ji madam 🎉🎉 AAP ji kya Bank employee ho ? Please provide the Information about Pan Aadhar Link...
thanks Sister.
Nice info 👍
Maine financial loan ka app dhund raha tha tab mujhe Mahindra finance ka app mila aur uske under maine loan samajh ke fixed deposit pe click kiya aur mene sabkuch filled up Kiya aur done hone ke baad.deposit karne ke liye bol rahe hai..abhi mujhe kya karna hoga . please explain me 😮💨
mam aap toh U TUBE QUIT kar rahi thi... aab kya ho gaya??? oo accha... us week mein koi topic nahi mila tha...isi liye ek emotional video daal diya tha...chalo koi nahi
😂😂😂😂😂
Mam kya sirf bank ka fd main tds kat ti ha post office ka fd main tds nhi kat ti ha kya please tell me
5:18 how it can be done, yeh kaise kar sakte h, Bank option deti h, ya ITR m karna h, kaise or kha, plesase explain in a video
Tax kat Gaya tov return kiss say barvaien gay,Kiunki CA tov bahut hi ziyada charge kartey Hain.
Mam apne konse bank ke fd karwayi hai mujhe bhi karwani hai bata dijiye for our safety
Small Doubt:
Example: Someone falls under 30% Tax slab
So he needs to pay 10% TDS + 30% Tax?
Is it also applicable for nre account holders
Tds gets deducted even after filling that g/h form, because it depends on the interest earned amount.
I want to make 2nd source of income by monthly 2.5 Lakh FD karna hain ..till 4 years.. how much tax i would be paying ? And how much i could save ..
Please let me know. 🙏
Mam, AIS mein agar purchase of securities zyada report huya huya hai toh mein iss case mein kya karun?
IF MY AIS FORM SHOWING INCOME FROM INTEREST FROM FD AND SAVING BANK ACCOUNT THAN ,WILL I HAVE TO SHOW THIS INFORMATION IN MY ITR, IF YES THAN WILL I ALSO HAVE TO CLAIM FOR CONCERN DEDUCTION IN EACH CASE???
Aap toh videos post nahi karnewale the🤔
Ek video aaise hone chaheya jisme hum investment kr ske par tax na lge toh kuch aaise investment boolo
Dekho bahan pahle app ya to Hindi me bol ya English me ...apki language me kuch samjh me nhi aya bs bich bich Jo high notes lgati ho voice k Bo irritate krte h
ye ladkiya aisi hi hoti hai bhai jyada English aati nahi aur thodi si English me ghamand aa jata hai 😂😂
Thanks !
What about NRI account ?? NRI FD's ??
Thanks 🎉 , Great 👏👏
Ek point syd apne miss kr diya 10 percent tax deduction hoga but only on the amount of interest cross the limit of 40000 in a financial year.
4:30 wrong information.
Govt should ban such finance influencers spreading misinformation. It is govt responsibility if they are taxing the citizens, they should spread awareness on tax accountability.
What is the way of smartly manage.
For RD can you also brief please?
How to view AIS? Please give the details regarding this.
MAM mane last saal itr bara hai or muje overvalue g pay income tax se masseage hai
these same rules and calculations for interest income from savings account?
Good to see the video. Welcome back
Thank you 😊🙏
Since the naration is made in both English and Hindi, it appears this tax deduction/ recovery method is applicable to tax payers from both English speaking countries and Hindi speaking countries.
I wait for your videos ☺️
Great job j🎉o 👍
Thank you 😊🙌
Can we save some Tax on Stock STCG or LTCG by investing in ELSS MF? Suppose,some has Income from Bank Interest 30k , Dividend 20k and STCG or LTCG 20 lacs ? If he invest ELSS MF for Rs 1.5 lacs , will he be able to take Tax benefit on STCG or LTCG ?
HUF has no tax rebate u/s,87A so above 2.5 lac we have to pay tax...not 7 lac limit
thanks for the Info
Welcome 😊🙌
India k kis bank may hum log Pakistan say acount open kar sakte hy kindly guide kar day
Hi Bekifaayti, very nice information's but like @bankingbaba i have issue with 10K interest amount as after watching this I have applied 15G on HDFC account but it say "If your interest income from savings and deposit accounts is less than ₹ 30,000.00 , Apply to change the tax amount deducted (TDS form 15G)", please us understand more clearly.
Annual Income 2.5Lakh se kam matlab interest se income ya actual professional income like salary?
Ye confusion clear karo please.
Good video, thanks
Welcome 😊🙌
Thanks swt hrt🙂
Agar hum fix deposit mein aur money deposit karwana chahte ho ton possible hai ??
Hi there think if you win on any fantasy app for example 2 cr honest but the main criteria is I am not employed do I have to pay tax if I do fd of 1 crore in bank pls help me mam!
Basically this video is a waste of time because there is actually no way to save tax
THANK YOU
I have created FD on 2021 which is auto renewal evey year should i show as income while tex filing as income? Or when I withdraw
When your withdraw your fd in account tds deducted automatically.
How to avoid clubbing of income ?
If you make an FD, it doesn't directly feature in AIS if its below 10 lakhs, only the interest earned is mentioned!!!
Secondly if i make an FD in my parents name and if the amount is more than 10 lakhs, won't this 10 lakhs show as their income for that particular year??? Don't they have to show the same as gift received??
At the time of opening FDs, bank employees never tell or provide us the Form 15G or Form 15H for senior citizens. Is there any way to reclaim the tax deducted in FDs ?
While filling ITR only
File ITR and claim Refund
15g form submit karne ke kitne din baad return aa jata hai
Do we need to fill 15G or 15H and submit to the bank or get this calculation done at the time of return?
Fill this form immediately after making the FD.
Need to submit in bank
Take a proper consultation from qualified personnel.
You can NOT submit 15G/15H all the time.
Form 15g fill Karke aap ke aap ke Ghar bhejdoon ya income tax department ko bhejun ye to bata do video dekhne Ka kya faida
Exllant video and ill also follow u on instagram and u looking amazing as like ur hair style
Madam terresa, TDS 40000 pe katta hai, 16000 intereset me nhi katega..
I would like to know about clubbing of income pls
Thanks Beta
On FD we are getting 7% interest and paying 30% income tax due to this interest amount addind to my income..why should u invest on FD
Leaving UA-cam ❌
Publicity stunt ✅
Nice👍
when to fill Form 15-G/H
good information aapki
My salaried income is 7.5 lpa and I have intrest income on fd is 45k ....and I have filled 15g..did I do right thing?
UA-cam Quit ka video banake chaap liya views 😂😂😂😂
We can do 100 crore fd tax rate kitna hoga
Ye madam toh rj Ashish ke video's me dikhti thi!!?🤔
5:42 can some help in managing the clubbing of income .... How can we smartly use this?
Make fd on your wife's name ,simple is that
Nice video ❤
Thank you 😊🙌
This 16,000 is one month intrest income?
If you create an FD in Cash above ₹1 Lakh, Income tax can give you a notice asking for the source of the cash.
what of we do it from the bank account
@@asylum9868 Upto ₹10 Lakh won't be reported
@@asylum9868 If above ₹10 Lakhs, Income Tax is reported
Matlab agar 10% tds cut ho jata hai ..aur x amount account me baki reh jati hai..kya uspe bhi income tax slab ke hisab se tax cutega?
Matlab...agar main 30% tax slab me ata hoo...
matured fd amont y pe 10% tds => x
Then x pe 30% = z
Is this correct
30% slab apki " main income " ke upar hai... Interest is " other income " aur other income pe 30% nahi lagega... Other income pe other income ka tax lagega jo ki tds ke name se hai.... Jaha tak mujhe idea hai..