Get help with e-filing, investments and taxes

Search for anything below or browse by topic
Popular topics: ITR-V, Form-16, e-filing

Articles in this section

Is RD interest taxable?

 

  • The interest income earned on your RD is not exempted from income tax. It is taxable.
  • You need to add the interest income as ‘income from other sources’ when you file your IT returns.
  • TDS will be deducted on interest on recurring deposits if the amount exceeds Rs. 10000.

 

 

Related articles

Comments

0 comments

Please sign in to leave a comment.