Mastering Form 15G: How Indian students can save their internship stipend from TDS deductions. ⚠️ Disclaimer: Form 15G केवल तà¤ी 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 ...
Navigating the transition from student to professional is challenging, especially when the financial paperwork arrives. If you’ve recently completed an internship, you are likely staring at your bank statement or a confusing email from HR, wondering about taxes. In the volatile economic climate of 2026, where every rupee counts, understanding your tax documents is as crucial as understanding market trends and recession risks . Whether you are a summer intern, a research fellow, or a corporate trainee, the confusion between Form 16 vs Form 16A is a rite of passage. Visual Breakdown: Why employees receive Form 16 (Salary) while most interns receive Form 16A (Non-Salary/Stipend). This guide cuts through the jargon to tell you exactly what you will receive, why you probably won't get a standard salary certificate, and how to cla...