Interest earned on bank fds & savings account
Querist : Anonymous
Greetings
1. I am an NRI plan to return. Senior Citizen.
2. I would like to know total percentage of Income Tax that I will have to pay on Interest Income derived from Bank Fixed Deposit and Savings Account. There is no other income whatsoever.
3. What deductions/benefits are applicable/allowed.
4. PAN is available.
5. Is it time consuming to file ITR and to make payments as well as to obtain refunds if any applicable. Advance payments have to be made?
Thank you for the help.
Sincere Regards
Querist : Anonymous
Greetings!
1. Many thanks.
2. I will contact you in case of any further need. I have made note of your email id.
Thank you for the help.
Sincere Regards
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