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April 16, 2026
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IT Returns: TDS to be cut by 2-5% from savings schemes for those who do not file ITR

theinformalnews5 years ago5 years ago03 mins

IT Returns: Even though the government has withdrawn the announcement of a change in interest rates of small savings schemes in the last few days, new rules have come for people investing in these schemes. The Government of India has implemented the new TDS Act on Small Saving Schemes. TDS will be deducted if investors withdraw money…

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