Asset reconstruction companies (ARCs) — entities that deal with bad loans — will find it easier to raise funds as the govt has reduced the tax.

Union Budget 2025 proposes TDS changes for horse racing winnings, experts divided on impact of new transaction-based taxation ...

Barring any last-minute settlement, telecom operators in the country will disconnect some banks' customers from accessing the Unstructured Supplementary Service Data (USSD) platform because of a N250 ...

Finance Minister Nirmala Sitharaman proposes to simplify TDS by reducing rates, increasing thresholds, and raising rent limit ...

BENGALURU: In a significant step to simplify the tax regime and also to reduce the compliance burden, the government has announced to reduce the number of TDS ( ...

Presenting the Budget for 2025-26, she said tax proposals are guided by income tax reforms for middle class, TDS ...

The government proposes increasing the TDS threshold on rent from Rs 2.4 lakh to Rs 6 lakh annually as announced by Finance ...

Finance Minister Nirmala Sitharaman on Saturday announced significant changes to tax deduction at source (TDS) in the 2025-26 ...

In her speech, the finance minister said that the measures are intended to reduce the number of transactions liable under TDS, benefiting small taxpayers receiving smaller payments.

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 in the Union Budget speech rationalised tax deduction at source (TDS) by reducing the number of rates and thresholds above which TDS is deducted. In the Budget, ...

FM announced that the time limit for filing updated returns for any assessment year has been extended from two to four years.