TDS rates for FY 2024-25: When making a payment subject to TDS, the payer must deduct a specified percentage of the amount paid. The recipient then receives a TDS certificate from the deductor, ...

Banks, companies, employers, and other institutions deduct TDS at the rates prescribed under the Income Tax Act, 1961, even if the total tax liability of the taxpayer is not that high. If excessive ...

Filing TDS returns is mandatory for all the persons who have deducted TDS TDS return is to be submitted quarterly Different forms are prescribed for filing returns depending upon the TDS deduction ...

Union finance minister Nirmala Sitharaman in her Budget 2025 speech on Saturday proposed to rationalise tax deduction at source (TDS) by reducing the number of rates and thresholds above which TDS is ...

With the Finance Bill approving a number of noteworthy proposals from the Union Budget 2024, certain changes are all set to take effect starting from Tuesday, October 1 including the implementation of ...