Tag: Cash withdrawn

TDS can be reduced up to 5% if cash withdrawn from these schemes including PPF

TDS can be reduced up to 5% if cash withdrawn from these schemes including PPF

If your account is in Post Office or you invest in post office schemes then this news is for you only. Now if you withdraw more money than the stipulated amount, then TDS can be deducted on it. This rule of withdrawing money applies to various deposit schemes ranging from PPF. These rules related to …