BUSINESS

Tax Filing 2025: How Is Interest From Joint Bank Account Taxed? Step-by-Step Guide

If you hold a joint bank account, you must report your share of the interest income when filing your Income Tax Return (ITR). Each account holder needs to file their ITR separately, even if the account is shared. For most salaried individuals, the ITR-1 (Sahaj) form is the right choice.

ZEE NEWS
5 hours ago
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