Would any change in my Fixed Deposit portfolio affect my TDS (Tax Deposited at Source) liability?
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Yes. Any change or enhancement to your Fixed Deposit portfolio may affect your TDS liability. If the aggregate interest earned on all deposits linked to your PAN during a financial year exceeds ₹50,000 for non-senior citizens or ₹1,00,000 for senior citizens, TDS will be applicable as per prevailing tax regulations.
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