Amnesty Scheme for Customs, easier tax compliance on India Inc's Budget wishlistIndian industry bodies have submitted their wishlist for the upcoming budget, calling for an amnesty scheme for customs, tax cuts for indiv...
08 Nov, 2024, 08.18 PM IST
Understanding Form 15G/ 15H: A guide for Bajaj Finserv customersThe article outlined how to manage tax liabilities on interest income with Form 15G or 15H, aimed at taxpayers with income below the exempt...
16 Aug, 2024, 11.28 AM IST
Select payments to units in IFSC exempted from TDSThe Centre on Friday notified 14 categories of payments made by any payer to IFSC units on which no TDS is required. This exemption was so ...
09 Mar, 2024, 12.46 AM IST
Is TDS applicable on interest earned from SBI Green Rupee Term Deposit (SGRTD)?State Bank of India (SBI) has introduced a new deposit program called "SBI Green Rupee Term Deposit" to raise funds to assist the bank's gr...
24 Jan, 2024, 05.01 PM IST
Banks offering highest interest rates for 3-year FDsInterest rates on FDs vary depending on the lender. The top 5 banks currently offering the best interest rates on 3-year fixed deposit term...
02 Nov, 2022, 03.12 PM IST
CBDT clarification on tax on freebies could create complications for unlisted companies, say expertsThe government had introduced a new section (194R) to the Income-tax Act, under which a 10% TDS was to be levied from July 1 on transaction...
16 Sep, 2022, 08.33 AM IST
Loan waiver not a benefit, banks exempt from 10% TDS for one-time settlementCBDT said in a detailed clarification that OTS or loan waiver by a bank will not be treated as a benefit or a perquisite and not face Tax D...
13 Sep, 2022, 11.51 PM IST
Banks to move government on TDS on loan waiversSlices of loans waived to lessen the strain on defaulting borrowers are being interpreted as 'benefits' that lenders are passing on to borr...
27 Jun, 2022, 12.42 AM IST
TDS due date extended till March 31 for govt deductorsThe Revenue Department has extended the due date of filing TDS and TCS for 2012-13 and 2013-14 till March 31 in case of government deductor...
06 Mar, 2014, 10.25 PM IST
Why Form 15G is irrelevant for NRIs and what they can do to avoid TDS"You must apply to the Income Tax Officer in India. If the Tax Officer grants you the waiver, you may submit this to your bank & claim TDS ...
28 Oct, 2013, 10.11 PM IST
Budget 2013: What NRIs expect from the Finance MinisterThere is much the Budget can do to make tax procedures simpler for NRIs as well as to attract more NRI investments.
22 Feb, 2013, 09.48 PM IST
Budget 2012 should make TDS for NRIs less tediousTax deduction at source (TDS) is perhaps one of the biggest pain points for a Non Resident Indian’s (NRI) transactions. The budget could do...
27 Feb, 2012, 06.36 PM IST
How NRIs can claim TDS exemptionAny claim for reduced rate of TDS or exemption from TDS will be available only if you have a Permanent Account Number (PAN), so make sure y...
29 Nov, 2011, 05.24 PM IST
All you wanted to know about TDS for NRIsFor every income that you earn in India as an NRI, tax will most certainly get charged and furthermore, it would be deducted at source.
08 Nov, 2011, 05.58 PM IST
- 71% direct tax kitty swells
Direct tax receipts rose 71.3% in the first two months of the current fiscal year from a year ago, indicating the economy was sustaining it...
19 Jun, 2008, 06.04 AM IST
- 71% direct tax kitty swells
Direct tax receipts rose 71.3% in the first two months of the current fiscal year from a year ago, indicating the economy was sustaining it...
19 Jun, 2008, 06.04 AM IST
- FM calls for expanding direct tax kitty target to Rs 4 lakh crore
Close on the heels of introducing stringent austerity measures to control wasteful spending, the government is now eyeing higher collection...
10 Jun, 2008, 12.05 AM IST