Tax rate on interest from savings account

there is no application of TDS provision for interest received on SB account unlike FD.  Hence the total interest earned during the F.Y. would get added to your total taxable income & tax would be levied acordingly.  Yes you can get exemption upto Rs. 10k only on this interst.

I would like to add that Exemption on interest on savings deposit can be availed for Assessment year 2013-14

as per the amendmen tin the finanance act, 2012, there will not be any deduction on account of tds in case the assessee is having income from interest of rs. 10000 or less. therefore, no deduction.

Agreed with Giridhar Sir. No tax deduction is attracted on interest from savings bank account.

As for the FD intt, TDS provisions prevail.

Thanks to all for your inputs.

However, I am getting confused by all these responses. 

My simple question is - being in 30% tax bracket and having income more than 10 Lakhs, what is the additional tax  I should pay on this interest income of 33,600 Rs. ?? 

What is the correct way to calculate the exact amount of tax. 

Will appreciate if you can respond with the answer.

Thanks a lot.