Form 15G and 15H: How to Save TDS on Interest Income?
Form 15g and form 15h are self-declaration forms under the Income Tax Act that let you inform banks, post offices, and other financial institutions that your total income for the year is below the taxable limit. Once submitted, these institutions will not deduct TDS on your interest income, insurance commission, EPF withdrawal, or other specified payments.
Form 15G & Form 15H: A Complete Guide to Eligibility, Usage, and Benefits
If you've completed your tax filing for 2023-24 and are looking to maximize your tax benefits, you may have come across Form 15G and Form 15H.