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Savings bank interest while filing under new tax regime

518 views 2 replies

 I have another small query and if any one reply to this one will be great for me. 

In the Interest from Deposit (Bank/Post Office/Cooperative Society) does it include savings interest or I have to add my savings interest with this figure. What I mean to say If I have 1000 as interest on deposit and SB intt of Rs 25.00 whether I have to sum them up and put the new amount ie, Rs 1000+ Rs 25.00 = Rs 1025 or savings bank interest is exempted in the NEW TAX REGIME.  Shall be glad if anyone reply to this one. 

Many thanks for all the replies I got. 

Replies (2)
Disclose the value Rs. 25/- in Saving account and Rs. 1000/- interest from depoosit bank post office ( both are difference)
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