Manoj Purohit, Partner at BDO India’s Tax and Regulatory Services, commented that this change addresses a long-standing need ...
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Union Budget 2025 proposes TDS changes for horse racing winnings, experts divided on impact of new transaction-based taxation ...
Imagine needing an oil change or a nail appointment, but instead of calling the business yourself, an AI does it for you.
Presenting the Budget for 2025-26, she said tax proposals are guided by income tax reforms for middle class, TDS ...
Sitharaman also said that the annual limit on rent has been raised to 6 lakh for TDS for senior citizens during her Budget ...
FM announced that the time limit for filing updated returns for any assessment year has been extended from two to four years.
The TDS threshold on interest payouts for senior citizens has been raised to Rs 1 lakh from Rs 50,000. “The increase in the limit for TDS on interest to Rs 1 lakh will ensure greater cash flow in the ...
The threshold to collect tax at source on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be increased from ₹7 lakh to ₹10 lakh.
Finance Minister Nirmala Sitharaman on Saturday announced significant changes to tax deduction at source (TDS) in the 2025-26 ...
The Union Budget 2025 introduces a TDS hike on rentals up to Rs 6 lakh and SWAMIH Fund 2.0 to boost real estate. According to Niranjan Hiranandani, these measures will enhance rental investments and ...