tds

Filing ITR? Decoding TDS and TCS – who pays, who collects and key differences taxpayers must know – Times of India

Filing ITR? Decoding TDS and TCS – who pays, who collects and key differences taxpayers must know – Times of India

Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) are two separate provisions under the Indian tax regime, both intended to facilitate early and efficient tax collection. Though…

Continue ReadingFiling ITR? Decoding TDS and TCS – who pays, who collects and key differences taxpayers must know – Times of India
11 Income Tax changes from April 1, 2025: From new income tax slabs to zero income tax up to Rs 12 lakh – top points to know – The Times of India

11 Income Tax changes from April 1, 2025: From new income tax slabs to zero income tax up to Rs 12 lakh – top points to know – The Times of India

Understanding these new income tax rules is crucial, as they influence tax deductions. (AI image) Income Tax Changes FY 2025-26: April 1, 2025, signals the start of the fresh fiscal…

Continue Reading11 Income Tax changes from April 1, 2025: From new income tax slabs to zero income tax up to Rs 12 lakh – top points to know – The Times of India
Budget 2025: From new income tax slabs & rates to TDS, TCS & NPS Vatsalya – top 7 income tax takeaways for middle class – The Times of India

Budget 2025: From new income tax slabs & rates to TDS, TCS & NPS Vatsalya – top 7 income tax takeaways for middle class – The Times of India

One of the major amendments proposed in the current budget is the change in the tax rates and slabs under the Concessional Tax Regime. By Surabhi MarwahBudget 2025 income tax:…

Continue ReadingBudget 2025: From new income tax slabs & rates to TDS, TCS & NPS Vatsalya – top 7 income tax takeaways for middle class – The Times of India
1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers – Times of India

1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers – Times of India

Mumbai: In case of purchase of immovable property (other than agricultural land) from a resident seller, of over Rs. 50 lakh, a TDS of 1% will apply, even if there…

Continue Reading1% TDS on property purchase over Rs 50 lakh even in case of multiple buyers or sellers – Times of India
ITR filing FY 2023-24: What is the penalty for late filing of income tax return? Check penalties for misreporting tax & other mistakes – Times of India

ITR filing FY 2023-24: What is the penalty for late filing of income tax return? Check penalties for misreporting tax & other mistakes – Times of India

Income Tax Return(ITR) Filing FY 2023-24: As the deadline for filing income tax return for the assessment year 2024-25 approaches, it is imperative that you file your tax return on…

Continue ReadingITR filing FY 2023-24: What is the penalty for late filing of income tax return? Check penalties for misreporting tax & other mistakes – Times of India
PAN-Aadhaar linking: Income Tax Department has important update – link your PAN with Aadhaar card by May 31, 2024 to avoid higher TDS – Times of India

PAN-Aadhaar linking: Income Tax Department has important update – link your PAN with Aadhaar card by May 31, 2024 to avoid higher TDS – Times of India

PAN-Aadhaar linking : The Income Tax Department has advised taxpayers to connect their PAN with Aadhaar card by May 31, 2024, to prevent higher tax deductions at source (TDS) or…

Continue ReadingPAN-Aadhaar linking: Income Tax Department has important update – link your PAN with Aadhaar card by May 31, 2024 to avoid higher TDS – Times of India