Under the Income-tax Act, 2025, under which head of income is interest earned by an individual on a…

Savings bank interest of an individual does not fall under any of the first four heads in section 13 of the Income-tax Act, 2025, so it is chargeable under the residuary head, Income from other sources, in section 92(1) (formerly section 56 of the Income-tax Act, 1961), subject to any deduction available.