TDS is applicable on interest earned from Mahila Samman Savings Scheme: CBDT

The Central Board of Direct Taxes (CBDT) has clarified by a way of notification that TDS under Section 194A will be applicable on the interest earned from Mahila Samman Savings Scheme. However, the TDS will be applicable only if the interest earned from the scheme exceeds the specified threshold. Read on to know this threshold.

from Tax-Wealth-Economic Times https://ift.tt/i04MjB8