In a country, which has just over 10 crore taxpayers, the intent to simplify the tax regime with lower TDS/TCS compliances, ...
Budget 2025 introduces higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS), aiding small ...
Union Finance Minister Nirmala Sitharaman shows the Budget tablet at Ministry of Finance before heading to the Parliament to ...
Budget 2025-26 brings major tax relief, raising the tax-free income threshold and easing TDS and TCS norms. Key updates also ...
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.