Six big TDS & TCS changes for Tax Year 2026-27: From TDS on NRI property to TCS on overseas remittance for education, know all that has changedNew tax rules for Tax Year 2026-27 begin April 1, 2026. Key changes affect TDS on NRI property and TCS on overseas remittances for educatio...
07 Apr, 2026, 02.31 PM IST
RBI revises rules for Floating Rate Savings Bonds 2020: Key changes investors should knowThe Reserve Bank of India has released updated operational guidelines for its Floating Rate Savings Bonds, 2020 (Taxable), effective immedi...
04 Apr, 2026, 04.11 PM IST
New income tax rules from April 1, 2026: From HRA relief to new ITR deadlines, key changes explainedNew income tax rules: Significant income tax changes are coming from April 1, 2026, with the Income Tax Act of 2025 replacing the 1961 act....
01 Apr, 2026, 02.19 PM IST
Now request for nil or lower TDS deduction for property and other transactions via this new form as per Income Tax Act, 2025; See what’s changedThe Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and oth...
11 Feb, 2026, 11.09 AM IST
Can you download Form 16, Form 16A, other TDS certificates from TRACES website if your tax has been deducted?Taxpayers cannot directly download Form 16 or 16A from the TRACES portal; only deductors like employers or banks are authorized to do so. W...
28 Jun, 2025, 11.32 AM IST
Taxpayers should avoid filing ITR before June 15: Here's whyITR filing 2025: The tax department has recently notified the ITR forms for filing tax return for FY 2024-25 (AY 2025-26). However, certain...
27 May, 2025, 11.45 AM IST
New Tax Bill 2025: No Nil TDS certificate for all taxpayers including NRIs; What does it mean for Indians and NRIs?New Income Tax Bill, 2025 has removed the concept of nil TDS certificate. This means now only a lower TDS certificate is possible, so non-r...
22 Apr, 2025, 12.03 PM IST
Budget 2024 proposed 10% TDS on government bonds: You can still pay lower or zero TDS with this certificateTDS on government bonds: Budget 2024 imposed a TDS on interest income earned from government bonds. Atul Puri, SW India says, "In a case wh...
06 Aug, 2024, 10.59 AM IST
Budget 2024: NRIs expect simplified TDS compliancesInterim Budget 2024: Lately, there has been a heightened emphasis on deductors adhering to TDS (Tax Deducted at Source) regulations, and fa...
01 Feb, 2024, 06.54 AM IST
Revised procedure for TDS certificates: What NRIs need to knowUnlike residents, NRIs cannot use Form 15G/H and must apply for a reduced or zero TDS certificate. The process involves submitting an onlin...
11 Oct, 2023, 11.19 AM IST
Tax deducted on NRIs income: CBDT changes process to get nil TDS certificateAny payment to a Non-Resident Indian (NRI) is subject to deduction of TDS. However if the NRI wants the rate of TDS deduction to be made at...
06 Oct, 2023, 10.21 AM IST
Post merger, how HDFC customers can get TDS certificate for ITR filingHousing Development Finance Corporation (HDFC), a mortgage lender, and HDFC Bank, a private sector bank, became a merged entity as of July ...
03 Jul, 2023, 05.22 PM IST
Govt extends deadline for filing TDS returns for Oct-Dec to Jan 2019The TDS provisions under the goods and services tax (GST) were brought into effect from October 1, 2018.
30 Nov, 2018, 04.36 PM IST
4 reasons why deadline to file ITR should be extended this yearThis year there have been multiple changes which impact ITR filing. Therefore, there may be a case for extension of the deadline for indivi...
28 Jul, 2017, 12.11 PM IST
- Get a fix on the recent changes in TDS rules
Our expert offers tips on various tax-related issues in this weekly column.
10 Jun, 2010, 01.19 AM IST
- Filing income-tax returns not so saral!
Filing income-tax returns has never been so saral, as is made out to be. The latest controversy is about filing TDS certificates. How to go...
10 Jul, 2008, 08.00 AM IST
- Single TDS certificate for taxpayers on cards
The way tax payers track their TDS certificates is expected to undergo a sea change and they may not have to enclose several TDS certificat...
24 May, 2003, 02.15 AM IST