From FY 2025–26, partnership firms must deduct 10% TDS on specified payments to partners once the ₹20,000 threshold is crossed, with strict timelines for deduction and ...

Senior citizens can manage their Fixed Deposit interest income effectively. Banks deduct Tax Deducted at Source (TDS) on ...

The Court set aside a 3.5% TDS certificate after the PE finding relied upon by the Revenue was overturned by the ITAT. The earlier 1.5% rate was restored due to lack of legal ...

Under section 194O of the Income Tax (I-T) Act, 1961, ecommerce operators are mandated to deduct 1% TDS if the gross sales of goods or services or both exceed INR 5 Lakh In case there are multiple ...

EY has urged the government to simplify the tax deducted at source framework by sharply reducing the number of rates and ...

Rs 84 lakh towards tax deducted at source (TDS), including Rs 13 lakh of applicable interest, was recovered by the income t.

From January 1, 2026, PAN cards not linked to Aadhaar will be marked as inoperative. Late linkage will attract penalties; ...

Key proposals for the Union Budget 2026 include a reduction in TDS on crypto transactions, a review of the 30 percent flat ...