The Union Budget 2025 presents a crucial opportunity to streamline and simplify TDS and TCS rules, enhancing clarity, reducing disputes, and fostering a more business-friendly environment. Let's ...
The government has proposed reduction of the rate of tax deduction at source (TDS) applicable on commission income of insurance agents from April 1, 2025. With this, insurance commission will be ...
Summary: The Finance Bill 2025 presents significant updates in both direct and indirect taxes aimed at improving business ease, reducing litigation, and widening the tax base. Direct tax proposals ...
Expectations: Union Finance Minister will present Budget 2025-26 tomorrow (February 1, Saturday) in the Parliament. This will be the first full-fledged Union Budget of the new Modi government which ...
The Union Budget 2025-26 introduces several amendments to indirect taxes, covering GST and customs. In GST, changes include allowing Input Service Distributors to distribute input tax credit for inter ...
The crypto industry has already been buckling under income tax and TDS. Trading volumes in India ... specifically the goods and services tax (GST), to cover a larger section of the crypto space.
Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...