If your total income is below the taxable limit and you’re not liable to pay any tax, you can avoid this deduction by submitting Form 15G or 15H.
1. Form 15G: For individuals below 60 years
2. Form 15H: For senior citizens (60 years or older)

Who Can Submit?
Form Age Group Income Condition Tax Condition
15G Below 60 years Total income < ₹2.5 lakh
Tax liability = Nil
15H 60 years & above Total income < ₹3 lakh
(60–80 yrs) or ₹5 lakh
(80+ yrs) Tax liability Nil

Important Considerations
Resident Status: Only resident individuals can submit these forms. Non-residents are not eligible.
Annual Submission: These forms are valid only for the financial year in which they are submitted. Submit them at the beginning of each financial year.
Tax Liability: Ensure that your total income is below the taxable limit; otherwise, submitting these forms may lead to penalties.

How to Submit Form 15G/15H – Step-by-Step

Online Mode (via Net Banking)
1. Log in to your bank’s internet banking portal.
2. Go to “Tax Services” → “Submit Form 15G/H”
3. Choose correct form based on age (15G or 15H).
4. Fill your PAN, estimated income, and income details.
5. Submit & download acknowledgment.

Offline Mode (Branch Submission)
1. Download the form or get it at the bank.
2. Fill your name, PAN, income estimate, and details of income source.
3. Sign it and attach a self-attested PAN copy.
4. Submit to your bank and ask for a stamped acknowledgment.

Key Points to Remember
1. Submit at the beginning of the financial year.
2. Must be submitted every year if eligible.
3. PAN is mandatory. If not quoted, TDS will be deducted at 20%.
4. No need to file if total income is taxable, even if TDS is getting deducted