Understanding Form 15G for EPF Form 15G is a declaration that prevents TDS from being applied to interest income from EPF, recurring deposits, or fixed deposits. It is available to individuals ...

You can stop banks from deducting TDS on your fixed deposit interest—if your total income is below the taxable limit. Banks usually deduct 10% tax (TDS) if your FD interest is more than Rs 40,000 in a ...