TDS, TCS rates for non-salaried payments reduced by 25 per cent till March 31, 2021

May 13, 2020

New Delhi [India], May 14 : The Union government on Wednesday announced a reduction in the rate of Tax Deduction at Source (TDS) for...

Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT chief Nitin Gupta

Oct 10, 2023

The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after...

Govt announces Rs 50,000 crore liquidity through TDS/TCS rate reduction

May 13, 2020

New Delhi [India], May 13 : To provide more funds at the disposal of taxpayers, the government on Wednesday reduced rates of tax deduction...

Budget has given new incentives to taxpayers for filing tax returns under the new tax regime

Jul 24, 2024

Under the proposed provisions, if a salaried or a retired taxpayer chooses the new tax regime, he will now get a standard deduction of...

Tax deduction limit of state govt employees increased from 10 pc to 14 pc: Sitharaman

Feb 01, 2022

New Delhi [India], February 1 : Union Finance Minister Nirmala Sitharaman on Tuesday said that the state government employees' tax deduction limit has been...

All India Bar Association welcomes IT survey on BBC

Feb 14, 2023

The All India Bar Association (AIBA) on Tuesday congratulated the Income-tax Department for going through BBC's documents to check irregularities relating to international taxation...