Need A Financial Product › Forums › Tax Savings › Will I need to pay tax on interest from i-wish › Will-I-need-to-pay-tax-on-interest-from-i-wish_REPLY
August 11, 2014 at 3:14 am
#46762
samkapoor77Keymaster
Since I-wish is a type of RD, therefore like other RD accounts bank will not deduct tax on it. It will be your responsibility to show the amount of interest in your ITR.