Tax Deducted At Source News
This is how TDS erodes your fixed deposit maturity amount
Where TDS is applicable, amount so deducted loses benefit of compounding for the remaining investment tenure
8 min read13 Dec 2021Tedious TDS: Time for a relook
A look at ‘tedious’ nature of tax deduction at source provisions and the need for rationalization and simplification of provisions
6 min read26 Nov 2021Lower TDS, TCS rates won’t apply if you don’t furnish PAN or Aadhaar
Though TDS is charged on salary income, the relief in the form of lower TDS has not been extended to salaried individuals
1 min read14 May 2020CBDT directs taxman to maximise collection efforts as growth rate not satisfactory
The Central Board of Direct Taxes (CBDT) frames policy for the I-T Department and supervises its work.
2 min read6 Jan 2019E-commerce companies will have to register in every state for collecting TCS
From October 1, e-commerce companies will have to deduct 1% TCS before making payments to suppliers
2 min read29 Sep 2018Do you need to file income tax return (ITR) if TDS is paid?
Irrespective of whether your employer has deducted tax at source (TDS) on your salary or you have paid tax on your own, you should file your income tax return (ITR) if you fit certain criteria
1 min read3 Jul 2018Taskforce to review Income Tax Act seeks stakeholder feedback
A taskforce formed to draft a new direct tax law, seeks stakeholder feedback on issues including ease of filing ITR, TDS, processing and scrutiny of returns under the Income Tax Act
1 min read22 Mar 2018GST: TDS for e-commerce firms deferred ahead of 1 July rollout
Third-party sellers on e-commerce platforms also get relief in terms of GST registrations
2 min read27 Jun 2017CBDT asks tax officials to step up TDS survey operations to boost collections
CBDT chairman Sushil Chandra directs tax officials to do spot verifications to check non-deduction of TDS by firms if payments drop by more than 15% as compared to last time
2 min read10 Feb 2017Popular Topics
Budget
The Union Budget contains details about the estimated receipts and the expenditure of the government for a particular fiscal year. The Budget is allotted for the upcoming fiscal year, which runs from 1st April to 31st March of the next year. Here is a quick guide on how the Union Budget is prepared