Unlike residents, NRIs cannot utilize Form 15G/H to avoid TDS on their incomes. Instead, they must apply to the assessing officer for a reduced or zero TDS certificate.

Form 15G and Form 15H. Additionally, taxpayers must pay attention to Forms 15G and 15H, with April 30 marked as the final day for uploading declarations received during the quarter ending March 2025.

Additionally, submitting Form 12BBA will also save senior citizen taxpayers the hassle of getting refund on tax deducted at source (TDS) on FD interest, said Batra.