Showing results for "#TDS"
Deadline alert: link PAN with Aadhaar by May 31 to avoid higher tax...
In a separate post, the I-T department asked reporting entities, including banks, forex dealers, to file SFT by May 31 to avoid penalties.
Govt extends validity of lower withholding tax till June 30
The extension will also be given if taxpayers have the lower TDS order for FY20 but have so far not applied similar order for FY21.
New TDS/TDS rules not for power trading, insurance agents
It has been represented that there are practical difficulties in implementing the provisions of TDS and TCS in case of certain exchanges and clearing...
TDS be deducted on cash withdrawals from post office schemes
The Department of Posts has issued new rules for deduction of TDS if the aggregate withdrawal from all post office schemes is more than Rs 20 lakh....
Higher TDS if PAN not linked with Aadhaar by today
As per the directives of the Central Board of Direct Taxes (CBDT), it is mandatory for all Permanent Account Number (PAN) card holders to link their...
Restore imposition of 10pc TDS to films to last year levels: Tamil...
In a letter to Finance Minister Nirmala Sitharaman, CII Media and Entertainment (South) T G Thyagarajan said when Indian film industry was facing a...
Businesses allowed to encash tax credits for improving liquidity
In order to improve liquidity of businesses, the Central Board of Indirect Taxes and Customs (CBIC) has decided to allow full transfer of cash...
TDS rule update to affect doctors, social media Influencers
The CBDT has clarified that the TDS is applicable to social media influencers only if the products sent for marketing by businesses are retained by...