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Senior citizen investor asks: How do I maximise pension and FD income without paying extra tax?

For Assessment Year (AY) 2025-26, income tax regulations provide specific reliefs and benefits for senior citizens (aged 60–79 years) and super senior citizens (80 years and above). These taxpayers ...
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Want to avoid TDS on fixed deposit interest? This could come as relief for retirees under New Tax Regime

Senior citizens have an effective tool in Form 15H, which can help them prevent Tax Deducted at Source (TDS) deductions on interest earned from fixed deposits exceeding Rs 1 lakh. Under the new income ...