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Tax Deducted At Source

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Want To Donate To A Political Party? Read This!

Avoid donating without checking the receipt proforma showing the political party's ECI registration number and PAN. Kindly note this illustration generated using Microsoft Copilot is only posted......

TDS limit raised for seniors, rents and remittances

Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest income for senior citizens to Rs 1 lakh, and also increase the threshold to......

Don't Want IT Notice? Read This NOW!

Tax evaders, BEWARE!The Income Tax department is using AI data analytics to bust fake deductions, flag HRA fraud, and trace digital footprints. Kindly note this illustration generated using......

No tax deduction at source worries govt

The government is worried because employers are not deducting tax at source, something that has amounted to more than Rs 1,000 crore (Rs 10 billion). The Income-Tax Department has written to more......

Budget wishlist: Industry seeks easier tax rules, dispute fixes

With the Union Budget three months away, major industry chambers have submitted to the government proposals on common taxes, seeking simpler compliance and a quicker resolution of tax disputes.......

Pre-Budget meeting: Ficci seeks faster resolution of tax disputes

The Federation of Indian Chambers of Commerce and Industry (Ficci) has sought urgent steps to clear the huge backlog of income-tax appeals, simplify tax deducted at source (TDS) compliance, and......

Budget 2023 wish list: Insurers bat for hike in tax deduction limit

Ahead of the Union Budget 2023, insurers are hoping that the Centre will act on their recommendations, which includes increasing the limit for tax deduction under 80D of the Income Tax Act.......

After hotels, online travel portals come under GST lens

After issuing notices to hotels across the country for allegedly underpaying goods and services tax (GST) on restaurant services, the revenue department has now widened its scrutiny by seeking......

BCCI staff to get reduced allowances

A BCCI source told PTI that after tax deduction at source, the per day allowance comes to Rs 6500.     IMAGE: The ground staff at the Dr Y S Rajasekhara Reddy ACA-VDCA Cricket Stadium in......

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