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Is Internship Stipend Taxable? How Students Can Claim 100% TDS Refund (Complete Guide)

Imagine this scenario: You land a fantastic part-time work-from-home job or a summer internship. The offer letter says you will be paid ₹15,000 per month . You are thrilled! You already have plans for that money. But when the payment hits your bank account, you only see ₹13,500 . You panic. Where did the remaining ₹1,500 go? Did the company cheat you? Relax. The company didn't cheat you. The government just took a slice called TDS (Tax Deducted at Source) . This silent leak drains millions of rupees from student bank accounts every year because most students assume "I don't earn enough to pay tax, so I can't do anything about it." Don't lose 10% of your stipend to TDS. This cycle shows how filing your ITR (Income Tax Return) legally brings that deducted money back into your pocket. Here is the reality: Just because tax was cut, does...

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About Pinnacle Finance Club

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