Showing results for "#TDS"
Govt to rationalise TDS to ease compliance burden, says Sitharaman
Presenting the Budget for 2025-26, she said tax proposals are guided by income tax reforms for middle class, TDS rationalisation, and easing...
TDS at 5pc on foreign tour packages, remittances abroad
4 Feb 2020 9:27 AM ISTThe Budget 2020-21 has mandated a 5 per cent tax collection at source for remittances over Rs 7 lakh.
TDS on e-commerce could hit small firms'' working capital: Amazon
5 Feb 2020 9:03 PM ISTA new levy of 1 per cent tax deducted at source (TDS) on e-commerce transactions proposed in the Budget 2020-21 could hurt the working capital of...
Distributors appeal to Finance Minister over TDS
16 March 2020 1:07 AM ISTA few days ago, T Rajendar, President of the Chennai Thiruvallur Kancheepuram Distributors’ Association, demanded that the TDS levied on distributors...
Govt extends validity of lower withholding tax till June 30
1 April 2020 8:27 AM ISTThe extension will also be given if taxpayers have the lower TDS order for FY20 but have so far not applied similar order for FY21.
New TDS/TDS rules not for power trading, insurance agents
6 Oct 2020 5:20 PM ISTIt has been represented that there are practical difficulties in implementing the provisions of TDS and TCS in case of certain exchanges and clearing...
TDS be deducted on cash withdrawals from post office schemes
30 March 2021 12:42 PM ISTThe Department of Posts has issued new rules for deduction of TDS if the aggregate withdrawal from all post office schemes is more than Rs 20 lakh....
Higher TDS if PAN not linked with Aadhaar by today
31 March 2021 3:31 PM ISTAs per the directives of the Central Board of Direct Taxes (CBDT), it is mandatory for all Permanent Account Number (PAN) card holders to link their...