To access this Sample Agreement / Template, please fill in the details below and it will be emailed to you shortly. Get all these Agreements & Contracts personalized at no additional cost - REGISTER here.Access the library of Agreements & Contracts most needed by any startup or a business - CLICK here.However in order to avail of these facilities the person shall prove that his total income in any financial year is less than 2.5 lakhs. this form provides relief to all those persons who mainly depend on this interest income for their livelihood and cannot afford to pay taxes on them. This form is used in order to save the taxes on the income earned by the assessee through interest from FD or RD in banks, insurances, post offices, etc. This form is valid for one financial year, therefore the assessee who wishes to take advantage of this form should file them at the beginning of the financial year with their respective banks. What is Form 15G Name of the taxpayer filing the declaration in the form PAN number of the taxpayer Status of the taxpayer individual or HUF Financial. This form can be used by Resident Individual or HUF or trust or any other assessee but not a company or a firm with an age of less than 60 years. Form 15G is a self-declaration form that an individual submits to the bank requesting not to deduct TDS on interest income as their income is below the basic exemption limit.
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