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Revised TDS Limits: Key Changes in TDS and TCS Effective April 1With the upcoming financial year, significant modifications in Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) ...
Advance tax for FY 2024-25 must be paid by March 15, 2025. The department emphasises that timely payment ensures compliance ...
One of the key changes is the increase in TCS on foreign remittances under the Liberalized Remittance Scheme (LRS), which has ...
The income tax department has listed such individuals with undisclosed income subject to income tax and accordingly, the ...
The tax authorities use a risk management strategy (RMS) to flag high-risk non-filers, said the department. This system ...
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, ...
This type of income tax notice is coming soon to these identified persons relating to AY 2019-20, 2020- 21 and 2021-22; Know ...
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Key TDS and TCS Rule Changes Effective April 1: What You Must KnowIn the latest Budget announcement, the Centre has introduced several significant changes related to taxation, particularly ...
As FY 2024-25 ends, businesses must complete critical GST compliance tasks. Key activities include submitting the Letter of ...
India's taxation system is an evolving structure aimed at economic growth and equitable revenue distribution. With continuous ...
The Union Budget 2025 has introduced significant changes to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS), ...
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