How much income tax deduction is available on bank FD, RD and savings account interest

Save income tax: Here's how you can claim income tax deduction on interest from bank FD, RD and savings account and save income tax. However do note that a higher limit of Rs 50,000 is available only for senior citizens whereas other individuals can claim the tax deduction up to Rs 10,000 on interest from savings bank account.

from Tax-Wealth-Economic Times https://ift.tt/84OKrfU