TDS rules

TDS on recurring deposits from June 1 force investors to close down deposits prematurely NEW DELHI: Days after the Budget announced that tax deducted at source (TDS) will also apply to recurring deposits, banks are witnessing a rush of investors closing down their deposits prematurely. Though it is fully taxable, the interest from recurring deposits is exempt from TDS. … [Read more...] about TDS on Recurring Deposits from June 1