How you can save up to ₹7,000 on interest income under the new tax regime
Last Update Date: 06-10-2026
Published by Mint
Abhishek Kumar's role: Quoted
Abhishek Kumar listed the interest incomes exempt under Section 10, including statutory provident funds, SSY and post office savings accounts, and explained that this exempt income must still be reported in the ITR.
More of Abhishek's views on money management
The article explains which interest incomes stay tax-exempt under the new tax regime, focusing on post office savings accounts, where yearly interest of up to ₹3,500 for one holder, or ₹7,000 when held jointly, is exempt. It also covers reporting this income in the ITR and how to open and maintain such an account.
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How you can save up to ₹7,000 on interest income under the new tax regime