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A person will have to submit Form No 15G, while Senior Citizen have to submit Form No 15H, if he do not wish to deduct tax.
Individual investors fill up Form 15G and 15H to avoid tax deduction at tax. However, one should take due care while submitting these forms. Online submission of Form 15G/15H to benefit taxpayers ...
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Avoiding TDS: What are 15G/15H forms? Who needs them and why?If you are an EPF (Employees Provident Fund) subscriber, and at the time of withdrawal, you do not want TDS (tax deducted at source) to be deducted, you need to fill out form 15G. The TDS is ...
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Tax Tips: These 2 forms do not allow a tax on FD! If you have invested then understand when and how to use them..But if this income of a person is less than the taxable limit, then he has to fill Form 15G and 15H and submit it to the bank and request not to deduct TDS. Know what is Form 15G By filling out ...
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