Understanding India's evolving crypto discourseIndia is actively shaping its digital asset future. Authorities are implementing stricter rules for crypto platforms and transactions. Tax ...
How new online gaming rules will change your income tax and legal exposure depending on the kind of game you playAn online game is any game played on a phone, laptop, or digital device, operated through software using the internet or any form of electr...
Amazon techie checks April payslip, sees TDS bigger than father's salary: 'Daylight robbery at this point...'An Amazon employee went viral on Grapevine after sharing their shock over a heavily taxed April payslip, revealing frustration at seeing a ...
TDS on Rent: How to get a refund for excess TDS deducted from house rent payments? Here’s a step-by-step guideTDS: If you are paying rent above Rs 50,000 then you need to deduct TDS at 2% rate from October 2024. But this rate of TDS was 5% earlier, ...
Time to act for lower TDS deduction: Form 15E, Form 13 for FY 2024-25 will stop after March 15, 2025; file it nowLower or nil TDS: The tax department has enabled online filing of Form 13 and Form 15E on the TRACES portal. These forms help all taxpayers...
When is TDS to be deducted from house rent payments to the landlord?If you are paying a house rent of more than Rs 50,000 per month, then make sure to deduct TDS from such rent and deposit it in the governme...
Over 11.2 lakh Indians have returned from abroad under Vande Bharat Mission: MEAMinistry of External Affairs Spokesperson Anurag Srivastava said the bilateral air bubbles arrangements with US, Canada, UK, France, German...
Priyanka Gandhi slams UP government, says its 'no testing is equal to no corona' policy a criminal act"Protection from corona = maximum testing.This is in public interest.The 'no testing = no corona' policy is to keep the public in the dark ...
PM's participation in Yoga programme in Leh doubtful: AYUSH Ministry"It is not yet decided, as to whether the prime minister will participate in a programme. Earlier, it was decided that he will go to Leh, b...
Income tax department to crackdown on TDS defaults; e-retail portals, panchayats in focusThe CBDT has directed its assessing officers to undertake at least 30 surveys or on-spot checks, as part of its Central Action Plan (CAP) 2...
Sluggish TDS growth: CBDT asks I-T department to take urgent stepsCBDT Chairman Sushil Chandra has issued a stern directive to all the field offices of the Income Tax Department in this context and has sou...
Sluggish TDS growth: CBDT asks I-T dept to take urgent stepsIn his letter, accessed by , Chandra has expressed his "disappointment" over the growth rate under the Tax Deducted at Source (TDS) collect...
Here's how TDS on salary income worksAn employee can verify from time to time, his TDS (which has been deducted by the employer) in Form26AS in the TRACES website.
CBDT to taxman: Step up TDS survey operations to boost collectionsCBDT recently reviewed Tax Deducted at Source (TDS) collections and found that the Income Tax department had netted Rs 2.85 lakh crore reve...
Tax shortfall: Finance Ministry asks banks to deposit March TDS by month endAccording to official data updated till March first week, TDS collections stood at 7.49 per cent as against 16.69 per cent in the same peri...
- 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...
- CII asks for simplification of corporate TDS
Industry body CII on Thursday asked the government to simplify the provisions of Tax Deducted at Sources (TDS) for the corporate sector.