DECLARATION TO RECEIVE INTEREST WITHOUT TAX DEDUCTED (FORM 15G / 15H)
I declare that I am resident in India for tax purposes and that, to the best of my belief, the tax on my estimated total income for the year, worked out as the law requires, will be nil.
This is my own declaration written in my own words. It is not a copy of any prescribed form, and your bank, company or online system may require the prescribed form in its own layout, which I will then sign and give you. I will tell you at once if my circumstances change so that tax would become payable, and I confirm that the particulars above are true and correct.
PERSONAL DATA NOTICE
This notice is given under the Digital Personal Data Protection Act, 2023.
Personal data in this document is collected only to give the payer the declaration that no tax should be deducted from interest, communicate about that purpose, verify the information expressly supplied, and retain an evidentiary record.
The record will be held by __________ and may be shown only to the declarant, the bank, company or other payer named in it and its tax or compliance staff, and to a statutory or tax authority where disclosure is required for the matter recorded here.
If the matter does not go ahead, or this document is withdrawn before it is used, the personal data will be retained for 90 days from that decision and then erased. If it is used, the record will be retained for 12 months after the matter ends and then erased, except for a record that a statute requires to be kept for a longer named period.
Data minimisation: this document deliberately does not require a full Aadhaar number, Aadhaar-card copy, passwords or unrelated identity material. Detailed KYC should remain in the separate KYC workflow; tax or payment identifiers are collected here only where the whole purpose of this document requires them.
SIGNATURE
______________________________
Signature
Declarant: __________
Place: ____________________
Date: ____________________