The Periodic Table enumerates 118 chemical elements, while current TDS and TCS rules have over 60 sections and at least 10 different tax rates. This is despite certain rationalisation of TDS and ...
With the upcoming financial year, significant modifications in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are set to be implemented from April 1, 2025. These adjustments aim to ...
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 ...