Is Interest On Your Savings Account Taxable?

Interest on savings taxable? Learn deduction claim process for ITR filing

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Learn how to minimize your tax liability and maximize savings with Section 80TTA of the Income Tax Act. Individuals and Hindu Undivided Families (HUFs) can claim deductions on interest earned from savings accounts up to Rs. 10,000 annually. This straightforward guide ensures tax efficiency and financial empowerment.

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