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, ...
Finance Minister Nirmala Sitharaman's Union Budget 2025 introduced significant modifications to TDS regulations. The changes include increased TDS thresholds for senior citizens, regular citizens, ...
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 ...
Section 192 of the Act provides for deduction of tax at source on salary income. Under this section, where the taxpayer is a salaried employee, other avenues of income like income from house property, ...
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New TDS Deduction Rule: More Money to Stay in Your Bank Account After Paying Income Tax – Complete Details
The government has introduced a significant change in TDS (Tax Deducted at Source) rules for salaried employees, simplifying the taxation process and offering financial relief. Under this new rule, ...
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 ...
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