New TDS, TCS rules 2025: Key changes impacting income taxpayers starting April 1. All you need to know
One of the key changes is the increase in TCS on foreign remittances under the Liberalized Remittance Scheme (LRS), which has ...
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Revised TDS Limits: Key Changes in TDS and TCS Effective April 1
With the upcoming financial year, significant modifications in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...
Taxpayers take note! Crack down against 40,000 TDS/TCS defaulters planned by Income Tax department
The Income Tax Department is set to launch a nationwide action against nearly 40,000 taxpayers who have failed to deposit ...
Income Tax dept to crack down on TDS/TCS defaulters; targets 40,000 taxpayers
The income tax department is set to crack down on individuals and businesses that have failed to deduct and deposit TDS/TCS. Approximately 40,000 taxpayers from FY22-23 and FY23-24 are under scrutiny.
New Income Tax Bill 2025: Six aspects to take note - is it a zero-sum game?
It introduces a taxpayer's charter, merges TDS/TCS sections, and aligns terminology with international norms. Likely effective from April 1, 2026, it promises streamlined processes without major tax ...
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Income Tax Department expands e-Pay tax service to 30 banks. Check latest list
India’s Income Tax Department offers the E-Pay Tax service on the e-Filing portal, enabling individuals, businesses, and entities in India to pay direct taxes like advance tax, self-assessment tax, ...
Big Tax Crackdown! IT Dept Targets 40,000 TDS Defaulters – Are You on the List?
The Income Tax Dept is investigating 40,000 taxpayers for TDS non-compliance using data analytics. Learn about penalties, new rules, and compliance measure, Personal Finance News - Times Now ...
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Income Tax Dept To Crack Down On 40,000 TDS/TCS Defaulters
The Income Tax Department is set to initiate a nationwide crackdown on individuals and businesses that have failed to deduct ...