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Maximum Bank FD Limit..!! | For No Income Tax Notice | Fixed Deposit TDS Limit in Tamil

Banks deduct tax at source (TDS) on interest income from FDs exceeding Rs.40,000 in a financial year. This doesn't necessarily mean you'll get a tax notice, but it flags your FD to the authorities.

#incometax #income #incometaxreturn #fixeddeposit #banking

DISCLAIMER
We are not SEBI Registered and this video is for educational purposes only and should not be considered as financial advice or an endorsement of specific investments. It is essential to conduct thorough research before making any investment decisions