Budget 2025: TDS, TCS rejig will offer relief to businessesThere are a variety of TDS provisions applicable with different rates and different thresholds. There are about 33 Sections in the Income- ...
02 Feb, 2025, 12.56 AM IST
Revised TDS rates, STT, Aadhaar card rules: 6 income tax Budget 2024 changes applicable from October 1, 2024Budget 2024 tax changes: The 2024 Union Budget introduced some modifications regarding the Aadhaar card, STT, TDS rate, and the Direct Tax ...
27 Sep, 2024, 01.22 PM IST
TDS rates reduced in Budget 2024: New tax deducted at source applicable on rent payments, insurance, purchase of MF units, sale of propertyTDS rates changed in Budget 2024: On July 23, 2024, Finance Minister Nirmala Sitharaman presented Budget 2024, which included several propo...
06 Aug, 2024, 11.07 AM IST
Budget at a glance: India Post spreads wings, insurance agents to gain, vision document for fin sectorFM announced over 100 new India Post Payments Bank branches in the northeast to boost banking access. The vision document outlines the fina...
24 Jul, 2024, 01.09 AM IST
Budget 2024 reduces TDS on life insurance policy payout from 5% to 2%, Now get a higher payout on these caseIn the Budget 2024 proposal, it has been announced that the payout from your life insurance policy will be higher due to a reduction in the...
23 Jul, 2024, 05.50 PM IST
What is the TDS rate for salary, dividend, interest, house rent, cash withdrawal and other transactions for FY 2024-25Tax Deducted At Source (TDS): TDS is levied on many types of incomes like salary, house rent, virtual digital assets (VDA), etc. What is im...
14 Mar, 2024, 10.12 AM IST
Certain payments to units in IFSC exempted from TDSThe Indian government has exempted specific payments made to units of 14 service sectors in the International Financial Services Centre (IF...
08 Mar, 2024, 02.20 PM IST
TDS, TCS rates on interest, dividend, other non-salary payments effective April 1, 2021Effective from April 1, 2021, the TDS and TCS rates on these non-salary payments will be back to their original (higher) levels. Given belo...
20 Apr, 2021, 12.02 PM IST
New TDS, TCS rates from May 14 on fixed deposits, dividends and other non-salaried paymentsThe government has lowered the TDS and TCS rates by 25% on non-salaried payments effective from May 14, 2020, till March 31, 2021. The deci...
14 Dec, 2020, 05.29 PM IST
Tax evasion by corporates rising, says Delhi courtAs per the IT department, on the total payment of Rs 16.8 crore, the TDS to be deposited by the company amounted to Rs 1.68 crore.
14 May, 2015, 07.19 PM IST
- Check if tax deducted from your income has been considered as paid by IT department
To ensure that you get credit for the tax deducted from your income, find out if it has been credited to your name and correct PAN number.
25 Apr, 2011, 03.09 AM IST
- TDS just got a little less tedious
Deduction would be in order if the payments exceeded the prescribed threshold limit. But, the Budget has increased the threshold limit of a...
27 Feb, 2010, 01.48 PM IST
- TDS haze could raise your health cover cost
Health insurance premiums could soar if the forthcoming Budget does not clarify on the issue of tax deduction at source for non-life insura...
18 Feb, 2010, 02.16 AM IST
- I-T dept asks six TPAs to pay Rs 117 cr as TDS
The income-tax department last week sent notices to six Mumbai-based third party administrators (TPAs), who process insurance claims, askin...
23 Nov, 2009, 01.14 AM IST
- TPAs under I-T lens over TDS lapses
The income-tax (I-T) department last week carried out a survey on a host of the third party administrators (TPAs) to facilitate cashless tr...
29 Sep, 2009, 12.46 AM IST
- Mumbai TDS mopup rises 8% in Apr-Sept
Tax deducted at source (TDS) collections in Mumbai for the April-September period have crossed last year’s figure with income-tax collectio...
21 Sep, 2009, 01.25 AM IST
- Tax hounds chase defaulters as TDS target set to fall short by 10%
The income-tax department is expected to fall short of its targeted collections from tax deduction at source (TDS) by 10% in 2008-09.
28 Feb, 2009, 01.15 AM IST