This blog sheds light on Section 194A in India, explaining why a portion of your interest income might seem to disappear before it reaches your account. We'll break down the concept of TDS (Tax Deducted at Source)

To meet their banking needs, many people, including those with regular salaries, often open savings accounts to keep their money safe and earn interest.

The recent notification introduces changes concerning the premature closure of Public Provident Fund (PPF) accounts, identified as the Public Provident Fund (Amendment) Scheme, 2023.