Is TDS applicable on ICICI bank’s iWish product ?

POSTED BY rockingguy ON December 30, 2013 5:55 pm COMMENTS (2)

Can someone confirm if Tax Deducted at Source  (TDS) is applicable (or not) on ICICI bank’s iWish product?

2 replies on this article “Is TDS applicable on ICICI bank’s iWish product ?”

  1. ashalanshu says:

    Dear Rockingguy, being a RD, I-Wish should not be a TDS product.

    Thanks

    Ashal

  2. hemanthchandra62 says:

    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.

    http://iwish.icicibank.com/iwish_faqs.html

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