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TDS relief for Bank Depositors

A Good news for Bank Deposits.  Banks will not deduct TDS from Fixed Deposits or for that matter Term Deposits, on interest income upto Rs. 40,000.  However, it is said that the interest income will be taxable as per the slab rate as per current income tax law.  What does this mean? An individual can

TDS relief for Bank Depositors

A Good news for Bank Deposits.  Banks will not deduct TDS from Fixed Deposits or for that matter Term Deposits, on interest income upto Rs. 40,000.  However, it is said that the interest income will be taxable as per the slab rate as per current income tax law.  What does this mean? An individual can

Story of Tea Leaves

TC means Crushing, Tearing and Curling.  This is the three processes undergone by Tea Leaves.  This is the same tea which wakes you up in the morning.  In the Banks of Brahmaputra, in Assam, one could learn by visiting a tea factory, that growing tea and plucking the leaves on the top of the plants,

Story of Tea Leaves

TC means Crushing, Tearing and Curling.  This is the three processes undergone by Tea Leaves.  This is the same tea which wakes you up in the morning.  In the Banks of Brahmaputra, in Assam, one could learn by visiting a tea factory, that growing tea and plucking the leaves on the top of the plants,

SBI leaks Bank Balance Details of Indians

Indeed, it was unfortunate that on 30th January 2019, there was a talk about an unprotected SBI data server in Mumbai, which apparently left data of millions of bank customers exposed. The Server is said to have leaked details like bank balance of apparently millions of Indians because there was no protection or security through

SBI leaks Bank Balance Details of Indians

Indeed, it was unfortunate that on 30th January 2019, there was a talk about an unprotected SBI data server in Mumbai, which apparently left data of millions of bank customers exposed. The Server is said to have leaked details like bank balance of apparently millions of Indians because there was no protection or security through

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