Senior citizens have an effective tool in Form 15H, which can help them prevent Tax Deducted at Source (TDS) deductions on interest earned from fixed deposits exceeding Rs 1 lakh. Under the new income ...

In October 2025, senior citizens in India can get good interest on their fixed deposits (FDs). Some banks are giving up to 8.15% per year. These rates are usually for three-year deposits and amounts ...

Senior citizens can choose between old and new tax regimes with varying benefits Medical and pension income deductions have been enhanced for AY 2025-26 Interest income up to Rs 50,000 is exempt from ...