Interest on bank term deposit taxable or not?

If Yes then how it will be calculated?
Does the interest automatically deducted as my PAN is mentioned in Bank?

Say a senior citizen invested 5K in Bank TD for # years and get interest in every quarter.Will that be under tax deduction?

Is PSU Banks are offering Pension option to resigned employees?

I joined UCO Bank in October 1982 and resigned from service on January 2003 after completion of more than 20 years service. At the influence of the union and associations some employees did not opt for pension.At the time of resignation I have no choice left for pension. Since, then I moved for work and I live in overseas. I would appreciate if anyone could give me an answer regarding the fate of inclusion of resigned employees.

My father is a retried government servant. He was retried on medical grounds, and a certificate is also issued?

My father is a retried government servant. He was retried on medical grounds, and a certificate is also issued that the person should be is unfit to work on medical grounds, an was granted invalid pension. the question is do my father can take the senior citizen facilities for tax purpose, travelling prupose etc, due to the same reason, if it is so can you please send me the circulation copies of the same.

Which medical insurance covers better ?

I am 35 and married with 2 boys aged 8 and 4. I am planning to include my parent senior citizen also. I am looking for best coverage and tax benefit. Which company offers best policy and coverage, tata, reliance, lic, sbi, etc. Some of them saying cashless benefit, but it is really not working i experienced with lombard 2 years back and discontinued. The hospitals wont agree into this, but i dont know what is the status now ? Looking for suggestions.

This is regarding calculating Income Tax on Income earned between 01-04-2008 & 31.03.2009 ie AY 2009-2010?

My Father in Law has received following Income between 01.04.2008 & 31.03.2009.

He is Not a Senior Citizen & has no other Income

Salary : INR 4,26,420.00

Value of Perks u/s 17(2): INR 3,537.00

Investments Qualifying under
Sec 80 C ie (PF+PPF+LIC Prem) INR 1,14,610.00

Payments qualifying under
Sec 80 D INR 5,052.00

Interest Income INR 2,47,364.00

Dividends on Shares INR 82,000.00

Pls advise his Tax Liability showing how it was calculated

This is regarding calculating Income Tax on Income earned between 01-04-2008 & 31.03.2009 ie AY 2009-2010?

My Father in Law has received following Income between 01.04.2008 & 31.03.2009.

He is Not a Senior Citizen & has no other Income

Salary : INR 4,26,420.00

Value of Perks u/s 17(2): INR 3,537.00

Investments Qualifying under
Sec 80 C ie (PF+PPF+LIC Prem) INR 1,14,610.00

Payments qualifying under
Sec 80 D INR 5,052.00

Interest Income INR 2,47,364.00

Dividends on Shares INR 82,000.00

Pls advise his Tax Liability showing how it was calculated