December 30, 2013 5:55 pm
Can someone confirm if Tax Deducted at Source (TDS) is applicable (or not) on ICICI bank’s iWish product?
Dear Rockingguy, being a RD, I-Wish should not be a TDS product.
TDS is not applicable to any RD according to the existing rules.Since, iWish is also a type of RD,I hope there is no TDS for iWish also.
I didn’t find any details regarding in iWish FAQs in the below link also.
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