Senior Citizen FD Investment: Can you pay zero TDS on Rs 1 lakh+ interest earnings from your fixed deposits?

Senior citizens can manage their Fixed Deposit interest income effectively. Banks deduct Tax Deducted at Source (TDS) on interest exceeding certain limits. However, strategic investment planning across multiple banks can prevent TDS. Additionally, eligible senior citizens can submit Form 15H to avoid TDS if their total tax payable is nil. This allows for better management of retirement income.