Skip to main content

How to Avoid TDS on Internship Stipend: Form 15G Guide (2026)

Mastering Form 15G: How Indian students can save their internship stipend from TDS deductions. ⚠️ Disclaimer: Form 15G केवल तभी वैध है जब छात्र की कुल वार्षिक आय करयोग्य सीमा से कम हो। The 10% Heartbreak: Where Did Your First Stipend Go? You worked hard for a month. Your offer letter promised ₹15,000 . You eagerly check your bank account, and you only received ₹13,500 . You just became a victim of TDS (Tax Deducted at Source) . But as a student, do you really have to pay this? Absolutely not. The Truth About Stipend Taxability in India Whether you are doing a high-end corporate gig, running content networks like the Sahityashala Network , or getting paid to write technical analysis for Sahityashala Sports , companies will often treat your internship stipend as a "professional fee." Under Section 194J of the Income Tax Act, companies are mandated to deduct a 10% TDS on professional and technical services. However, if your total ...
Post a Comment

Sitemap - ArthaShala | Explore Our Financial Guides

ArthaShala Sitemap

Welcome to our site index. Browse our complete collection of financial guides, tips, and investment strategies below.

Last Updated: Dec 2025 | ArthaShala Home

Comments

Post a Comment

Popular posts from this blog

Earn Cashback on UPI: The 2026 Guide to Maximizing Rewards (₹5000+ Monthly)

In 2026, if you are just "paying" via UPI without getting anything back, you are leaving free money on the table. The days of random scratch cards giving you "Better Luck Next Time" are fading. The new era of digital finance is about guaranteed returns , provided you know which tools to use. Whether you are a student trying to avoid common personal finance mistakes or a professional looking to master your finances step-by-step , optimizing your transaction flow can easily yield ₹300 to ₹1,000 in monthly savings. This guide moves beyond basic advice and dives into high-value strategies like RuPay-on-UPI and merchant-specific codes that actually work. Recommended Read: To maximize your security while earning rewards, make sure you are using the right platforms. Check out our guide on the Best UPI Apps in India for Secure Payments . The Golden Rule: Merchant vs. Personal Transactions To understand how to earn, you must understand how apps make money....
Post a Comment
Read more

Master Your Finances: The Ultimate 2026 Guide to Creating a Budget That Works

Creating a budget is often misunderstood as a restriction on your freedom. In reality, a budget is the ultimate tool for liberation. It doesn't tell you to stop spending; it tells your money where to go so you don't wonder where it went. As we move through 2026, the old "pen and paper" methods are evolving. We now deal with digital wallets, UPI Lite transactions , and automated subscription deductions that make tracking money harder than ever. Whether you are a student figuring out if your internship stipend is taxable or a young professional aiming for financial freedom by 30 , this guide is your modern roadmap. We will break down the psychology of spending, the best digital tools for tracking, and how to structure a budget that builds wealth, not just savings. A roadmap to financial clarity starts with a single step. Step 1: The "Forensic Audit" of Your Finances Before you pla...
Post a Comment
Read more

Financial Freedom by 30: The Ultimate Guide to 10 Smart Money Habits (2026 Edition)

The "Roaring 20s" of your life are not just for exploration; they are the foundation decade for your entire financial existence. There is a popular saying in finance: "A dollar saved at 22 is worth exponentially more than a dollar saved at 32." This is due to the magic of compounding, which requires one key ingredient: Time . However, the financial landscape of 2026 has evolved. We are living in an era of AI-driven budgeting, decentralized finance, and the gig economy. The old advice of "just save 10% of your salary" is no longer sufficient to combat lifestyle inflation and rising costs. To achieve true Financial Freedom by 30 , you need to go beyond the basics. You need to understand the nuances of taxation (like whether your stipend is taxable ), diversify into inflation-beating assets like Sovereign Gold Bonds , and master the art of the side hustle. This comprehensive guide details 10 Advanced Smart Money Habits...
Post a Comment
Read more