Among the key updates, approved as part of the Finance Bill, are adjustments to Tax Deducted at Source (TDS) rates. The revisions include the removal of the 20% TDS on mutual fund repurchases, the ...

These changes include multiple adjustments to Tax Deducted at Source (TDS) rates, intended to simplify the tax system and offer relief to taxpayers. Among the key revisions in the Finance Bill 2024 ...

TDS rules: In a major relief to the employers, the Centre has relaxed the rules for companies of depositing the Tax Deducted at Source (TDS) on salaries of employees. Employers will now have more ...

Starting October 1, new tax rules in India have reduced TDS rates from 5% to 2% for payments related to life insurance policies, lottery ticket sales, certain rents, and specific sums paid by ...

In Budget 2024, it was announced that starting from October 1, 2024, tax deducted at source (TDS) will be deducted at a 10% rate from specified central and state government bonds, including floating ...

Thus, before the introduction of Section 194R, there was substantial judicial support for not deducting TDS on reimbursements, provided the expenses were invoiced separately. After insertion of Sec.

Also read: Income Tax Refunds: How to check your ITR refund status online using your PAN card – A step-by-step guide Life insurance policyholders will be benefited from a TDS cut on their ...

These updates, announced during the Union Budget 2024, aim to streamline tax processes and provide relief in certain areas while introducing stricter measures in others. Here’s a breakdown of all the ...

The principal contractor on the delayed National Children’s Hospital in Dublin has set June 2025 as its most recent completion date, an Oireachtas committee is due to be told this week.

Copyright 2024 The Associated Press. All Rights Reserved. Minnesota Vikings wide receiver Justin Jefferson (18) catches a pass over Houston Texans cornerback Derek ...

Sam Darnold matched his career-high with four touchdown passes as the Minnesota Vikings continued their hot start to the season with a 34-7 victory against the Houston Texans. Advertisement ...