June 15, 2024 06:30 (IST)
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Delhi LG approves prosecution of Arundhati Roy, Sheikh Showkat Hussain in 2010 provocative speech case | BS Yediyurappa, accused of harassing minor, can't be arrested till next hearing: Karnataka HC | PM Modi meets Meloni, Macron, Zelenskyy and Pope as part of mega outreach program in Italy | NEET-UG 2024: Supreme Court issues notice to Centre, NTA on pleas seeking CBI probe into paper leak | BJP worshipped Lord Ram but stopped at 241 due to arrogance, says RSS leader days after Mohan Bhagwat's veiled attack on Modi's party

Indian stock market zooms over 500 points on first day of financial year

On the first day of the new financial year, the stock market zoomed over 500 points on Monday, with the BSE Sensex opening at 74177.87, up by 526 points, in the opening session on strong global cues.

Submit Form 15G or Form 15H to avoid TDS on your Interest Income

It is mandatory for financial institutions to deduct TDS (Tax Deducted at Source) on interest income on investments exceeding Rs.10,000, or Rs.5,000, if you have a company FD. This limit has been extended to Rs.50,000 for senior citizens. Typically, the financial institutions deduct this tax, and you can adjust is later when filing your income tax returns or paying your tax amount.