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Asked by namish on :Jun. 27, 2018

What is the rate of TDS on interest of FD?

What is the rate of TDS on interest of FD?

What is the rate of TDS on interest of FD?

0

Jeeba Jun. 27, 2018

Bank shall deduct tax if your interest on FD exceeds ten thousand a year. TDS on interest on fixed deposit is 10%.

Please don’t forget to quote PAN on your bank account. Otherwise, bank will deduct 20% of TDS on your interest income.

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