Tax on Fixed Deposit Interest

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  1. SeemaGupta953

    SeemaGupta953 New Member

    I have invested in fixed deposit for 2 years. I want to know how much tax will impose on earned interest per annum.
     
  2. Karan Batra

    Karan Batra Well-Known Member

    Tax on FD would be levied as per the Income Tax slab rates
     
  3. adidam

    adidam New Member

    What is the TDS in this case? Since, My bank sends me the TDS Certificates every quarter.
     
  4. Karan Batra

    Karan Batra Well-Known Member

    TDS would be deducted @ 10% on the total interest paid to you.
     
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