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What is the TDS exemption limit for interest on FD for FY 20-21?

TDS 267 views 2 replies

What is the TDS exemption limit for interest on FD for FY 20-21? How can I save TDS for FD's and any good alternative for FD. Thanks in advance. 

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Originally posted by : hari krishan
What is the TDS exemption limit for interest on FD for FY 20-21? How can I save TDS for FD's and any good alternative for FD. Thanks in advance. Read more at: https://www.caclubindia.com/forum/create_message.asp?cat_id=3

Rs. 50,000/- in Case of Senior Citizen and other case Rs. 40,000/-

Sec 194A TDS exemption limit for Interest:-
Senior Person -50000/-
other than senior person-40000/-
and only FD interest income only then you can give form 15G /15 H respectively


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