TDS on FD Interest कैलकुलेटर
Banks deduct 10% TDS on FD interest exceeding Rs 40,000/year (Rs 50,000 for senior citizens). On a Rs 5 लाख FD at 7% earning Rs 35,000/year: no TDS deducted. On Rs 8 लाख FD at 7% earning Rs 56,000/year: TDS = Rs 5,600 (10% of Rs 56,000). Suबीएमआईt Form 15G/15H if total income is below करable limit to avoid TDS.
TDS Rate
10%
TDS Amount
₹10,000
Net Payment
₹90,000
Without PAN, TDS is deducted at 20% (Section 206AA). Rates: 194J: 10%, 194I: 10%, 194C: 1-2%, 194A: 10%, 194H: 5%. Salary TDS varies — shown as flat 10% estimate.
Weekly Indian rate update
RBI repo, top FD rates, tax deadlines. Free. No spam.
Calculated with CalcCrack