Draft Income-Tax Rules 2026 aim for voluntary compliance but require crucial changes to prevent taxpayers from paying twice. Key issues inc...

From April 1, 2025, TDS threshold changes will increase limits on interest income, dividends, rent, and commissions. The updates aim to imp...

Union Finance Minister Nirmala Sitharaman's eighth Budget emphasizes tax reforms to benefit businesses. Key updates include tax breaks for ...

There are a variety of TDS provisions applicable with different rates and different thresholds. There are about 33 Sections in the Income- ...

Union Budget 2025: Finance Minister Nirmala Sitharaman, in her 2025-26 Budget, introduced significant tax reforms aimed at easing the tax b...

Finance Minister Nirmala Sitharaman has announced the rationalisation of the TDS regime to reduce the compliance burden while presenting th...

Presenting the Budget for 2025-26, she said tax proposals are guided by income tax reforms for middle class, TDS rationalisation, and easin...

As Union Budget 2025 approaches, key voices in India’s cryptocurrency and blockchain industry are calling for tax reforms to foster growth,...

As Budget 2025 nears, NRIs look forward to reforms aiming at simplifying TDS compliance, enhancing DTAA benefits, easing the repatriation p...

Homebuyers face complex tax compliance when purchasing property from NRI sellers, who require a TAN, e-TDS returns, and face restrictions o...

The crypto community anticipates Union Budget reforms including a 0.01% TDS rate, Rs 5,00,000 threshold, loss offsetting, and aligning cryp...

India's 1% TDS and 30% tax on VDAs led to a 97% trading volume drop, 81% user decline, and migration to offshore exchanges. NALSAR and Meya...

EY recommends significant tax reforms in the upcoming Budget, urging the government to double the standard deduction under the new concessi...

Millions of I-T returns are processed with such TDS credit being denied. Taxpayers then apply for online rectification, which also doesn’t ...

"It is proposed to amend the relevant provision to provide that on furnishing of alternative documents, the higher rate will not apply," th...

A high level panel on simplification of income tax laws today recommended raising the threshold limits for deduction of tax at source (TDS).

CII has said there is need to initiate further fiscal reforms in the country's banking sector.