From higher tax-free income thresholds and relaxed TDS norms to a longer window for correcting past returns, the measures ...

New Tax Rule: With the start of the new financial year on April 1, 2025, many rules will change. These include changes in TDS rules, which were announced by Finance Minister Nirmala Sitharaman while ...

New TDS and TCS Rules: The government had announced changes in the rules of TCS and TDS in the Union Budget. These new rules will come into effect from April 1. If you live in a rented house or are a ...

This explains why FD reporting to tax authorities and TDS on interest follow different thresholds. The key takeaway is understanding bank-wise limits prevents confusion and unnecessary ...

Buyers must deduct TDS under Section 195 on amounts paid to NRI sellers, deposit by the 7th of the following month, and not rely on the seller’s capital gains ...

From January 1, 2026, PAN cards not linked to Aadhaar will be marked as inoperative. Late linkage will attract penalties; ...

Life insurance policy holders may receive a communication from their insurance service providers about the tax deduction rule in effect from 1st October 2014. The new rule first announced by the ...