( Cash deposit – RS/USD/GBP
Sell Property deposits -Farm Land,Commerical,Agriculture ,Houses etc.
Domestic Account transfers deposits — Friend, Relative, Family members
Domestic NRE/NRO A/c Holder Transfers — ALL
–> Anything else you think off
I am a scheduled tribe and exempted from TDS under sec 10(26) of income tax act but my bank has deducted tax from the interests earned from my fixed deposits. kindly guide me on how to claim the TDS fom IT dept. Is it a lenghty process? I have never filed my income tax since i dont require to so i dont have an idea how to about it.
I have a Savings account with SBI. It is linked with an online SBI account, i.e. I can view all my savings bank account details, PPF account details, Fixed deposits details etc through internet.
My question is:
If I open a FIxed deposit online with the e-STDR facility, for lets say 3 years, how will I receive the money on maturity?
Lets say I deposit Rs 50,000 and am supposed to get Rs 62000 after 3 years. Then will these Rs 62000 be deposited to my account directly or do I have to go to the bank to claim the money after 3 years?
Also Since the interest earned per year is less that Rs. 10,000, so I do not have to fill any form 15G right? Also I am not eligible for TDS on this Rs 12,000 interest? right?
Also though my question is for SBI but I hope the same answers will be true for HDFC etc as well.Please correct me if not..
Thanks a ton. Please take some time and do reply….
I have a PPF account in Bank of India and I have deposited two instalments(Rs. 50,000/- each time) in one month only, that is April,2012. I know maximum subscriptions should not exceed 12 per year. But are two subscriptions allowed in one month, as I have done. If I have made a mistake, how to rectify it now? The bank has raised no objection.
I have a some amount and I want it to put in some place where it can multiply. Which is best Mutual funds or Fixed Deposit in any National bank? The interest rates appears to be less in FDs but are Mutual Funds safe and secure compared to FDs?
I bought a 2 wheeler using finance. They take my money from my bank by ECS method without interruption on monthly basis. Now they have deposited my cheque also given for security reasons . Now i have to run post to pillar to get statements from bank supporting the same and submit it to finance company and beg behind them .. This affects my work in a greater way. Shall I approach consumer court ? How I will be benefited ?
If the total income of the senior citizen during the year is below the exemption limit of 2.15 lac or so, will the bank deduct tds on interest if the amount of interest is between 1.5 lac to 2.00 lacs.
If the bank goes bust, what happens to our money ?
If I put 1 crore in an account in a bank and I want monthly interest to be paid to me.. which is the best option and how to proceed? Also.. if the amount is 1 crore.. how much money can I expect to get per month?
which bank in India? which ones are better national or the international ones?