Category Archives: TDS

TDS Rate Chart for FY 2014-15 (AY 2015-16)

Frequently Used TDS Rates & Related Provisions Financial Year 2014-2015 (AY 2015-2016) A new section 194DA has been introduced in Budget 2014 under which sum received from insurance company will be liable to TDS at 2%. Read more: Tax on Insurance Maturity Policy I have not added section 194DA in the table below since it is… Read More »

How to Save TDS on Fixed Deposit Interest?

How to Avoid TDS on Fixed Deposit Interest in India? Last year return of fixed deposit beat both Nifty returns and returns from gold. While investors in gold faced negative returns, the Nifty gained just 6.6 per cent in 2013. Bank fixed deposits pre-tax returns had generated as much 9-9.5 per cent. Keeping in the mind… Read More »