November 22, 2024 22:47 (IST)
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Centre to send over 10,000 additional soldiers to violence-hit Manipur amid fresh violence | Chhattisgarh: 10 Maoists killed during encounter with security forces in Sukma | Baba Siddique murder case: Arrested Akashdeep Gill used a labourer's hotspot to evade tracking, say police | Donald Trump picks 'smart and tough' Pam Bondi as new US Attorney General after Matt Gaetz withdraws | Canadian government denies media report that claims PM Modi knew of Khalistani leader Nijjar's killing
Indian stock market zooms over 500 points on first day of financial year

Indian stock market zooms over 500 points on first day of financial year

On the first day of the new financial year, the stock market zoomed over 500 points on Monday, with the BSE Sensex opening at 74177.87, up by 526 points, in the opening session on strong global cues.

Submit Form 15G or Form 15H to avoid TDS on your Interest Income

Submit Form 15G or Form 15H to avoid TDS on your Interest Income

It is mandatory for financial institutions to deduct TDS (Tax Deducted at Source) on interest income on investments exceeding Rs.10,000, or Rs.5,000, if you have a company FD. This limit has been extended to Rs.50,000 for senior citizens. Typically, the financial institutions deduct this tax, and you can adjust is later when filing your income tax returns or paying your tax amount.