« Top Headlines » Open DEMAT Account in 24 hrs  Missed the ITR Deadline but TDS Refund Is Due? Here’s How You Can Still Claim Your Money  ITAT Cuts ?4.85 Lakh Penalty After ?14.02 Lakh Interest Income Was Missed in ITR  ITR filed under old regime, tax calculated under new regime; Delhi ITAT gives taxpayer relief  ITAT Delhi Quashes Tax Notice on AMU PG Student’s ?18.34 Lakh Stipend, Declares It Tax-Free Under Section 10(16)  Advance tax deadline September 15: What happens if you missed the previous instalment payment?  How much gold jewellery can you keep at home? Nagpur ITAT explains rules on ownership, gifts, taxability  ?5.31 lakh TDS refund allowed by ITAT Delhi: Why absence of an original ITR did not block the taxpayer  Missed the ITR Filing Deadline? How to Claim Your Income Tax Refund and Correct Mistakes Before December 31, 2026  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session)  GST Return Preparation & ITC Analysis with TallyPrime (Hinglish Session) «  Mumbai tax collections up 150 pc in April-July... Accountancy professional bodies form core group... » TMB deposit schemes August, 24th 2006 Tamilnad Mercantile Bank has introduced tax savings deposit scheme - TMB TSD Malligai and TMB TSD Mullai. Under the TMB TSD Malligai scheme, the depositor would be able to get the monthly interest at discounted rate or on a quarterly, half-yearly or annual basis at the compounded rate. Under the TMB TSD Mullai scheme, the depositor would be able to take the quarterly compounded interest only at the time of maturity of the deposit. The bank would pay interest at 9 per cent to senior citizens and at 8.5 per cent to others under the just launched tax savings deposit schemes. Bank sources, however, said that the effective yield under the TMB TSD Mullai scheme worked out to 11.21 per cent (for senior citizens) and 10.45 per cent for others.