Budget 2025-26 brings major tax relief, raising the tax-free income threshold and easing TDS and TCS norms. Key updates also ...

Indians will have more funds for overseas travel due to the hike in TCS exemption limit on foreign remittances to Rs 10 lakh ...

There are a variety of TDS provisions applicable with different rates and different thresholds. There are about 33 Sections ...

Sitharaman also said that the annual limit on rent has been raised to 6 lakh for TDS for senior citizens during her Budget ...

Manoj Purohit, Partner at BDO India’s Tax and Regulatory Services, commented that this change addresses a long-standing need ...

Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest ...

Budget 2025 raises TDS and TCS thresholds, provides relief for senior citizens, and clarifies ULIP taxation, benefiting investors.

Finance Minister Nirmala Sitharaman announces tax revisions to boost household consumption and ease tax compliance for small ...

The FM emphasised that the new Income-Tax Bill will uphold the spirit of “Nyaya” (fairness). An immediate test lies in how ...

Tax relief and support for key sectors like agriculture and manufacturing are expected to boost economic growth and innovation, they said.

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2025 today. Experts expect potential reforms, from tax ...

The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...