My total income for the year is below the tax limit. Can I avoid TDS on my interest income?

My total income for the year is below the tax limit. Can I avoid TDS on my interest income?

Yes, you can avoid TDS on your interest income if your total income is below ₹2,50,00 (below the taxable limit). By submitting self-declaration form 15G (below 60 Years) and 15H (60 years and above) exemption on TDS can be claimed.


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