Budget 2025 increased TDS limit for FD
The Union Budget 2025 proposes to increase the limit for tax deduction at source (TDS) on fixed deposit (FD) interest …
Income Tax
Budget 2025: List of key direct tax reforms and relief
Finance Minister Nirmala Sitharaman, in the Union Budget for FY 2025-26, introduced a host of direct tax reforms aimed …
Union Budget proposes to double TDS limit for senior citizens to ₹1 lakh
The Union Budget proposal to double the tax deduction at source (TDS) limit for senior citizens to ₹1 lakh …
Budget 2025: Paying college fees abroad easier
When Veena Mathew sent her 23-year-old son to pursue Computer Science in London last year, she didn’t just take on …
Goodbye old tax regime; new regime now more attractive
The budget’s biggest, shiniest takeaway: no tax on income up to ₹12 lakh. Union finance minister Nirmala Sitharaman’s announcement was …
New Income Tax Bill Next Week: Budget 2025 Announcement
Finance Minister Said in Budget Speech: I also propose to introduce the new income-tax bill next week I now come …
Higher TDS/TCS Rate for non-filers of Income tax Return omitted by Budget 2025
Current Provisions Issues Faced Proposed Amendment (Effective from April 1, 2025) Provision Current Law Proposed Change Section 206AB Higher TDS …
REMOVAL OF TCS ON SALE OF GOODS FROM 1ST APRIL 2025
Sub-section (1H) of section 206C of the Act, requires any person being a seller who receives consideration for sale of …
New Time Limit for Filing Updated Return in Budget 2025
Extension of Time Limit for Filing Updated Return (Section 139(8A)) in Budget 2025 Current Rules (Before Amendment): Proposed Changes …
New Income tax slab rate under New Regime from F.Y. 2025-26 (A.Y. 2026-27) in Budget 2025
Revised Income Tax Slabs (New Regime) Sl. No. Total Income (₹) Rate of Tax (%) 1 Upto ₹4,00,000 Nil 2 …
