Income Tax: The Indian Income Tax system is intricate as it covers important aspects of the economy. There are various concepts in Income...
The Income Tax Act of 1961 mandates that certain people or organisations withhold TDS from any payments made for specific services. It...
At present the TDS rate on withdrawal of taxable components from Employees’ Provident Fund Scheme in non-PAN cases is 30%. Also Read–...
The tax deducted on Employees’ Provident Fund (EPF) withdrawals has been reduced to 20 per cent from 30 per cent. Also Read–...
Finance Minister Nirmala Sitharaman disclosed a decrease in the Tax Deducted at Source (TDS) rate on Employees’ Provident Fund (EPF) withdrawals for...
Provident Fund Withdrawal Guidelines: Finance Minister Nirmala Sitharaman during the Budget 2023 presentation proposed to decrease Tax Deduction at Source (TDS) from...
This is going to help the salaried individuals in the low income group. Finance Minister Nirmala Sitharaman in her Budget Speech on Wednesday announced...
Crypto platforms/ exchanges must also perform customer due diligence which can help uncover any potential future risk, says Chase India and Indus...
Every individual whose annual income is above Rs 2.5 lakh is required to pay taxes and file Income Tax Return (ITR). With...
A taxpayer is entitled to make tax-saving investments till 31st March of a financial year to claim the benefits under the Old...