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Web18 feb. 2024 · As per section 194C, the threshold for deduction of the TDS is Rs 30,000/- for the single payment and it is Rs. 1,00,000/- for collective payments of the whole Financial Year. How to Save TDS on Salary? Following are the three sections under which TDS saving option on salary is available for Indian Citizens: 1. Web22 feb. 2024 · How to save TDS on FDs? If income from FDs exceeds over Rs. 40,000 in a financial year, the bank will charge TDS at the rate of 10% on the earned-interest. If you do not fall under the income-tax slab, you can submit a 15G or … smallville asylum cast