TDS

BJP Aims to Retain Lok Sabha Speaker Post, Offers Deputy Role to NDA Allies - Reports

The BJP seeks to retain the Speaker post for the 18th Lok Sabha after securing 240 seats, while offering the Deputy Speaker position to NDA allies, with Rajnath Singh leading negotiations.

Jun 17, 2024, 15:18 PM IST

Received Message From IT Department Regarding TDS? Here's All You Need To Know

According to officials, the message serves as an acknowledgment of the total TDS deposited during the final quarter and the previous financial year.

Apr 04, 2024, 19:03 PM IST

5 Must-Do Financial Tasks Before March 31

Here are the 5 tasks you must complete before March 31, 2024, to avoid penalty.

Mar 23, 2024, 12:24 PM IST

Tax Season Is Here! Know Difference Between Income Tax (ITR) Return And TDS

Learning about the concepts of TDs vs ITR can help taxpayers understand what they need to do and make sure they follow the rules correctly.

Feb 17, 2024, 09:59 AM IST

Decoding The Budget: Take A Look At 10 Key Budget Terms Crucial For Taxpayers

Let's break down some key terms to make sense of the upcoming budget and understand what lay taxpayers can expect.

Jan 28, 2024, 09:36 AM IST

Good News For Taxpayers: I-T Dept Launches App To View TDS, Interest, Dividend Income Info

Taxpayers can use the mobile app to view their information related to TDS/TCS, interest, dividends, share transactions, tax payments, Income Tax refunds, other information (GST Data, Foreign Remittances, etc.) as available in AIS/TIS.

Mar 22, 2023, 21:12 PM IST

New TDS provisions for Online Gaming likely to pose compliance challenges for users & industry: Report

A report by Lakshmikumaran & Sridharan provides a detailed overview of the new taxation regime announced during Financial Bill 2023

Mar 03, 2023, 18:19 PM IST

Income tax alert: Govt allows non-resident taxpayers to manually file Form 10F till March 31 for claiming TDS benefit

The Central Board of Direct Taxes (CBDT) had in July made it mandatory for non-resident taxpayers to file Form 10F electronically to claim benefit of lower Tax Deducted at Source (TDS).

Dec 16, 2022, 08:46 AM IST

TDS on salary: CBDT issues IMPORTANT circular on salary income, check details

The circular basically explains the obligation of employers with regard to the deduction of tax at source from salaries under section 192 of the Income-tax Act, 1961 for Financial Year 2022-23.

Dec 13, 2022, 12:53 PM IST

CBDT extends deadline for filing TDS for non-salary transactions till November 30

Form 26Q is used for quarterly filing of TDS returns on payments other than salary.

Oct 28, 2022, 14:41 PM IST

From PAN, credit card, LPG price to crypto tax --5 big rule changes from July 1 that will impact your finances directly

Check here 5 key financial changes that would impact your everyday life from 1 July, 2022.

Jul 01, 2022, 11:43 AM IST

New TDS rule from 1 July 2022: How will it impact doctors, social media influencers? Top 5 things to know

The Budget brought in a new section, 194R, in the I-T Act which requires deduction of tax at source at the rate of 10 per cent by any person, providing any benefit or perquisite exceeding Rs 20,000 in a year to a resident, arising from the business or profession of such resident.

Jun 28, 2022, 15:43 PM IST

Crypto investors alert! TDS on virtual digital assets from July 1: Read CBDT guidelines on crypto tax

The Central Board of Direct Taxes (CBDT) issued an FAQ on the TDS provisions on virtual digital assets (VDA) or cyptocurrencies, which was introduced in 2022-23 Budget and will be effective from July 1.

Jun 23, 2022, 15:59 PM IST

Net direct tax collections jump 45% till June 16 in 2022-23

Net collection from direct taxes jumped to Rs 3,39,225 crore in the current financial year till June 16 as compared to Rs 2,33,651 crore recorded in the corresponding period of the last year, registering a year-on-year growth of 45 per cent. 

Jun 17, 2022, 18:13 PM IST

Haven’t filed ITR? Get ready to face higher TDS, lower in-hand salary

You could face a higher TDS if you income tax return (ITR) for the financial year 2020-21. 

May 19, 2022, 19:33 PM IST

Jr NTR faces backlash from TDP supporters after video

Despite the clear and good intentions behind Jr NTR words in the video, some sections of fans started to create negativity.

Nov 21, 2021, 16:39 PM IST

Locals blame China as Arunachal Pradesh river turns black, thousands of fish die

According to preliminary findings, the cause of the deaths is large presence of TDS , which creates low visibility and breathing issues for aquatic species, in the water. Residents of Seppa blamed China for the rise in the TDS in Kameng river.

Oct 30, 2021, 15:24 PM IST