India Business

TDS on Salary, Rent and FD: What's Cut and How to Get It Back

FD interest TDS kicks in above ₹50,000 a year (₹1 lakh for seniors) at 10% with PAN, 20% without.
Tenants paying over ₹50,000/month must cut 2% TDS and file Form 26QC within 30 days.
Salary TDS is your own average tax rate, so it self-corrects if you declare proofs to your employer.
TDS is not a final tax — file your ITR to claim back anything deducted beyond your actual liability.
Always match your TDS against Form 26AS and the AIS before filing, or your refund stalls.

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