📢 Traces: New Utility for Justification Report, Form 16A and Form 27D Released
New Utility Versions for Justification Report, Form 16A, and Form 27D Released The Income Tax Department has recently released updated …
TDS
TDS/TCS Return Filing Due Dates & Latest RPU Utility Released | FY 2025-26
🧾 TDS & TCS Return Filing for Q1 FY 2025-26 Begins – Key Dates, Utilities & Updates You Must Know! The …
FAQ on TCS on Luxury Goods applicable from 22 April 2025 on shoes, bags, watch, sunglasses etc.
To widen the scope of Tax Collection at Source (TCS) and enhance revenue from high-value purchases, the Finance (No. 2) Act, …
Income Tax dept sends notices for HRA claims without TDS deductions. Here’s what you can do
The Income Tax Department is now reportedly sending notices to salaried taxpayers who have claimed House Rent Allowance (HRA), but …
TCS Changes Effective from 1st April 2025
The Finance Bill, 2025 introduces significant amendments to the Tax Deduction at Source (TDS) and Tax Collected at Source (TCS) …
TDS Changes Effective from 1st April 2025
The Income Tax Act of India mandates Tax Deducted at Source (TDS) on various payments made to individuals and entities. …
Income Tax dept to crack down on TDS/TCS defaulters, targets 40,000 taxpayers
The income tax department is planning a nationwide crackdown on individuals and businesses that have failed to deduct and deposit …
TDS u/s 194J New Threshold limit – TDS on professional and technical services from April 1, 2025
The Finance Act 2025, as presented in Budget 2025, has introduced a key amendment to Section 194J of the Income …
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 …
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 …
