Hi, I initially own a S/B account in SBI. I have couple of FD’s as well linked in the same S/B account.
Later, I have modified my S/B account to joint with my spouse’s name.
As I am a employee earning a salary on which I pay tax, but my wife is a house wife with no income. I want to understand – To save the taxes do I need to put my wife’s name as first acocunt holder and my name as secondary and then submit Form 15G, or can I do it now as well without changing/swapping the first and last names in S/B account?
Additionally, since the FD’s were opened in my name so is it possible to save tax now?