Good news for individual taxpayers including salaried as the Income Tax Department has released Form 13 which is used for ...

The amendment explicitly includes manpower supply services under contractual provisions, making 1–2% TDS applicable instead of 10%. This resolves long-standing confusion and reduces compliance ...

Even though many of us are familiar with tax filing, the process of TDS deduction is still confusing for many. When and where TDS is applicable, what are the procedures to reduce it and how to claim ...

With the introduction of the New Income Tax Bill 2025, a major change has been proposed that will impact taxpayers across the board, especially those who previously relied on the Nil TDS Certificate ...

The requirement to deduct the tax is qua each recipient of the rent and not qua the property. Since the rent payable to each of the owner of the property is below the threshold of Rs 50,000 the tenant ...