Kim /kim/ [1 syll.] as a boys' name (also used as girls' name Kim) is pronounced kim. It is of English origin. Short form of Kim-names like Kimball or Kimberly. Kim is also a Korean surname meaning gold. Literary: name of the boy hero of Rudyard Kipling's novel Kim.
Tax deducted at source becomes applicable when the depositor exceeds the cap of Rs.10,000 of interest earned in a financial year of a fixed deposit account held at a branch. Tax deducted at source or TDS is deducted with every payment that the bank make towards an account that is earning over Rs.10,000 as interest. Furthermore, TDS is deducted even if the amount has not yet been paid to the account holder physically.
For example, a state may not generally exempt bonds, but some bonds may be specifically exempted by the laws authorizing their issuance. Income earned from a bond issued by another state is taxable only if such other state imposes a tax on Utah bonds. Interest from some obligations is exempt from tax. Taxable only if long form is used. Some bonds may be exempt by state law. Pro-rata adjustment is allowed. Interest on some obligations is exempt by law. Taxable only for gross income tax purposes. Interest on U.S. obligations and obligations of all states would not be taxable if the investment allocation percentage is zero. Otherwise, the interest is taxable at the investment allocation percentage.