Deduction of tax at source (TDS), payment to the government and issue of a TDS certificate is a time consuming and complex process. If you are a salaried individual or a person who only earns rent or ...

Union Budget 2025: Finance Minister Nirmala Sitharaman during Budget 2025 proposed to rationalise tax deduction at source (TDS) by reducing the number of rates and thresholds above which TDS is ...

The government last year introduced Section 194IB of the I-T Act, which makes it mandatory that individuals and HUFs who are paying rent of more than Rs 50,000 per month have to deduct 5% of the rent ...

TDS and TCS returns may be furnished physically or electronically depending on status of the deductor. Any person or entity, while making specified payments to another person (third party), needs to ...

Tax Deducted at Source (TDS) under the Income Tax Act has undergone wide-ranging changes in the last decade. One of them was the introduction of rule - TDS on the sale of properties under Section ...