Do I need to pay tax for transferring to sb acc?

POSTED BY Kirubakaran ON March 12, 2013 2:19 pm ONE COMMENT

Hi

 Every month , I transfer approx. 25k from HDFC salary acc. to sbi sb acc.  Will they(SBI) by any chance calculate tax on this amt?

 

One reply on this article “Do I need to pay tax for transferring to sb acc?”

  1. Dear Kirubakaran, the plain answer is no. No tax ‘ll be there for shifting your money from one SB account to another SB account of yours’.

    Thanks

    Ashal

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