What is Form 15G/H 2025, Income Tax on FD Interest and TDS on Fixed Deposits, Tax Savings

Confused about TDS (Tax Deducted at Source) on your Fixed Deposit (FD) interest? This video breaks down everything you need to know about the new budget 2025-26 changes, including how much TDS will be deducted and how to potentially avoid it using Form 15G/H. We'll cover: What is TDS and how it works. The proposed new TDS thresholds on FD interest for senior citizens and non-senior citizens as per the budget 2025. How TDS is calculated on your FD interest. A detailed explanation of Form 15G and Form 15H, who can submit them, and when. Clarification on the basic exemption limit vs. Section 87a rebate. Clear examples of how TDS is calculated. Whether you're a senior citizen or a younger investor, understanding these changes is crucial for managing your finances. Watch this video to learn how to save on taxes and make informed decisions about your FDs. Don't forget to like, share, and subscribe for more financial insights! Why Watch This Video: Get clear and concise explanations of complex tax rules. Learn how to potentially save money on TDS deductions. Stay updated on the latest budget changes affecting your FD investments. Understand the difference between the basic exemption limit and the section 87a rebate. Learn about the correct usage of form 15g/h. #TDS #FixedDeposit #FDInterest #IncomeTax #Budget2025 #Form15G #Form15H #TaxSaving #FinancialPlanning #IndiaTax #TaxTips #Investment #SeniorCitizen #TaxRebate Keywords: TDS on FD FD interest tax Form 15G Form 15H New budget 2025 TDS rules Income tax India Tax saving on FD Senior citizen TDS FD interest calculation Section 87A rebate Basic exemption limit TDS threshold Income from other sources Section 56 of income tax act