Showing results for "#TDS"
Govt to rationalise TDS to ease compliance burden, says Sitharaman
Presenting the Budget for 2025-26, she said tax proposals are guided by income tax reforms for middle class, TDS rationalisation, and easing...
TDS at 5pc on foreign tour packages, remittances abroad
The Budget 2020-21 has mandated a 5 per cent tax collection at source for remittances over Rs 7 lakh.
TDS on e-commerce could hit small firms'' working capital: Amazon
A new levy of 1 per cent tax deducted at source (TDS) on e-commerce transactions proposed in the Budget 2020-21 could hurt the working capital of...
Distributors appeal to Finance Minister over TDS
A few days ago, T Rajendar, President of the Chennai Thiruvallur Kancheepuram Distributors’ Association, demanded that the TDS levied on distributors...
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...
