Form 15h Fd Senior Citizen

Is FD Interest Taxable in India? (TDS Rules + 15G/15H — 2026)

Yes, FD interest is fully taxable at your income tax slab rate. TDS of 10% kicks in above ₹40K/year (₹50K for seniors). Submit Form 15G/15H to avoid TDS if your total income is below taxable limit.