With the upcoming financial year, significant modifications in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...
if a person did not file Income Tax Return (ITR), then TDS / TCS was deducted from him at a higher rate. It has been proposed to remove this provision in Budget 2025, so that now common taxpayers ...
New TDS, TCS rules 2025: Under the new provisions ... TDS is applicable to various payments based on specified thresholds and rates. These reforms aim to ease tax compliance for taxpayers and ...