Search For "tds"
New Income Tax Bill provides flexibility for refunds if return filed late,
Updated : 7 months, 2 weeks ago IST
The new Income Tax bill, which was passed by Lok Sabha on Monday, provides flexibility for allowing refund claims in cases where the return is not filed in due time and reduces the time period for filing TDS correction statements to two years from six years as provided in the Income Tax A
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Aim is to reduce litigation, consolidate TDS deduction: PP Chaudhary on ne
Updated : 7 months, 2 weeks ago IST
The proposed IT bill has 23 chapters and 536 provisions, a huge reduction from the earlier 47 chapters and 819 provisions from the 1961 bill.
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New Income Tax Bill a step toward simplified, fair tax system: LJP MP Arun
Updated : 7 months, 2 weeks ago IST
Lok Sabha MP Arun Bharti lauded the Income Tax Bill, 2025, presented in Parliament, calling it a landmark step toward simplifying India's tax system. He said the bill reduces legal ambiguity, supports startups and MSMEs, and lessens compliance burdens through structural reforms and clear lan
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Crompton Launches RapidJet TDS 2000 as a Breakthrough in Water Heater Tech
Updated : 8 months, 1 week ago IST
Mumbai (Maharashtra) [India], July 17: Tired of dealing with the frustrating effects of hard water on your water heater--especially during the monsoon when water quality often deteriorates? Crompton Greaves Consumer Electricals Limited, India's trusted name in consumer electricals, has launc
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Income Tax Department cracks down on bogus claims of deductions, exemption
Updated : 8 months, 1 week ago IST
The Income Tax Department initiated a large-scale verification operation across multiple locations in the country on Monday, targeting individuals and entities facilitating fraudulent claims of deductions and exemptions in Income Tax Returns (ITRs).
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Techjockey Financial Year End Sale 2025 Is Live - Upto 90% Discount on Sof
Updated : 12 months ago IST
New Delhi [India], March 26: Techjockey, a leading e-commerce platform for software, is making software buying easier and more affordable for both businesses and individuals. During the Financial Year End Sale, you can save up to 90% on top software categories like antivirus, video editing,
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JPC on 'One Nation, One Election' to meet today at 3 PM
Updated : 12 months ago IST
The Joint Parliamentary Committee (JPC) examining the 'One Nation, One Election' bill is set to meet today at 3 pm. During the meeting, Attorney General of India R Venkataramani and Justice DN Patel, the former Chief Justice of Delhi High Court and current Chairperson of the Telecom Disputes
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Life Insurance Tax Benefits
Updated : 1 year ago IST
New Delhi [India], March 24: Life insurance plans offer more than just financial security for your loved ones, they also provide important tax benefits. There are different tax deductions and exemptions offered by the Indian government under the Income Tax Act, 1961. By understanding these
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CBDT's Centralised Processing Cell--TDS wins Technology Sabha Excellence A
Updated : 1 year ago IST
The Centralised Processing Cell--TDS (CPC-TDS), under the Directorate of Income Tax (Systems), has been awarded the Technology Sabha Excellence Award 2025 among government departments, agencies, and institutions for demonstrating innovative use of technology that delivers distinct benefits t
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SWAMIH Fund 2.0, higher TDS on rentals to boost real estate growth: Hirana
Updated : 1 year, 1 month ago IST
The proposed hike in TDS (Tax Deducted at Source) on rentals up to Rs 6 lakh, as promised in the Union Budget 2025, aims to bolster rental investments, said Niranjan Hiranandani, Chairman, NAREDCO & Hiranandani Group in a conversation with ANI.
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Big relief in TDS deduction on rent from Rs20,000 to Rs50,000 per month
Updated : 1 year, 1 month ago IST
FM said, "The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh. This will reduce the number of transactions liable to TDS, thus benefiting small tax payers receiving small payments."
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SC declines PIL seeking to scrap TDS system
Updated : 1 year, 1 month ago IST
he Supreme Court on Friday refused to entertain a PIL seeking to declare that the Tax Deducted at Source (TDS) system is "manifestly arbitrary, irrational and violative of various fundamental rights".
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