Learn when and how TDS applies to payments for contractual work, including rates, thresholds, exemptions, and recent ...
Buying a property valued at ₹50 lakh and above? You must deduct and pay TDS before registration—keep reading. Advisory Alert: It has come to our attention that certain individuals are representing ...
The Income Tax Department has released a new brochure detailing Tax Deducted at Source (TDS) payment obligations for individual taxpayers, especially those arising on account of buying of property ...
The Income-tax Act, 2025 (New Act) marked a historic shift from the Income-tax Act, 1961 (Old Act) by eliminating provisos and explanations, making substantive law clearer and more accessible. However ...
Did you know that an excess amount of cash withdrawal from a bank or post office can lead to deduction of TDS? This deduction kicks in when the sum withdrawn is higher than the permitted threshold.
Every month, Ranjani Purohit, a women’s apparel manufacturer and seller in Jaipur, has to set aside an extra ₹50,000 just to fulfill her tax deducted at source (TDS) obligations. Purohit is liable to ...