Non-resident property transactions in India face compliance challenges, including obtaining TAN, depositing TDS, and filing e ...

The National Pension System (NPS) Vatsalya Scheme was officially launched on September 18, 2024. While Budget 2025 did not ...

Section 194 of the Act requires that the principal officer of an Indian company or a company which has made the prescribed ...

Did you ever face the situation where the bank or employer or others deducted the correct amount of TDS but somehow it failed ...

Usually, people invest in FD to save tax. But tax has to be paid on the income from FD as well. There is a fixed limit of tax ...

For senior citizens, the tax deduction limit on interest income has been raised from ₹50,000 to ₹1 lakh, reported the Mint. On rent payments, the annual TDS limit has been increased from ₹2. ...

The Budget 2025 introduces significant reforms in personal income tax, aimed at providing relief to middle-class taxpayers ...

This will reduce the number of transactions liable to TDS, thus benefiting small tax payers receiving small payments." She said, "I propose to rationalize tax deductions at source (TDS ...

Union Budget 2025: Finance Minister Nirmala Sitharaman during Budget 2025 proposed to rationalise tax ... TDS is deducted . She introduced a number of key reforms with regards to rent payments ...

The Government of India has taken steps to decriminalize minor offenses in direct tax matters, particularly benefiting small and medium businesses. The Finance Act, 2023, introduced a sunset clause in ...

Finance minister Nirmala Sitaraman promised to continue efforts to simplify taxes, improve tax payer services, provide tax ...

a move the Finance Minister said would “reduce the number of transactions liable to TDS, thus benefitting small tax payers receiving small payments.” And lastly, the threshold to collect TCS ...