One of the key changes is the increase in TCS on foreign remittances under the Liberalized Remittance Scheme (LRS), which has ...
Tax Deducted at Source (TDS) is a scheme launched by the Government of India for deduction of tax at the very source of income. It ensures each payment made will carry some portion of taxes being ...
According to Section 194J of the Income Tax Act, 1961, a person must deduct Tax Deducted at Source (TDS) at a rate of 10% ...
The government has announced new rules for Tax Deducted at Source (TDS) in the Union Budget 2025-26. These changes ...
New TDS, TCS rules 2025: Under the new provisions, senior citizens will be exempt from TDS on interest income up to ₹1 lakh per year.(Mint) The new income tax bill has changed the TDS (Tax ...