Search For "tds"
US-India tax forum proposes bold reforms ahead of Union Budget 2025-26 to
Updated : 1 year, 2 months ago IST
Comprising around 200 member companies, the Forum serves as a platform for dialogue on critical tax policy issues, connecting Government of India policymakers, global tax experts, and the business community to champion innovative and forward-thinking tax reforms.
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FICCI urges government to increase Capex by 15 per cent in the Union Budge
Updated : 1 year, 2 months ago IST
Reforms in sectors, particularly land, labour, and power, are critical for long-term growth. FICCI proposes creating inter-state institutional platforms similar to the GST Council to facilitate consensus-building and advance reforms in these areas.
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PIL in SC seeks to scrap TDS system
Updated : 1 year, 2 months ago IST
A PIL has been filed in the Supreme Court 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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CBI court convicts former IT practitioner, his wife in TDS refund case
Updated : 1 year, 3 months ago IST
The Special ACJM (Additional Chief Judicial Magistrate) court for CBI cases, Ahmedabad (Rural), on Friday sentenced two accused to 3 years of imprisonment in the case of obtaining TDS refunds based on alleged forged certificates, the agency said in a release.
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Govt reduces charges for TDS default from multiple rates of 2,3 and 5 pc t
Updated : 1 year, 5 months ago IST
The new guidelines by Central Board of Direct Taxes (CBDT) for the compounding of offences under the Income-tax Act, 1961, aim to make the process easier and more accessible for taxpayers, according to a statement by Ministry of Finance.
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How TaxSpanner and KarmaLife Helped Delivery Agents and Mobility Platform
Updated : 1 year, 5 months ago IST
New Delhi [India], September 26: In a groundbreaking move, TaxSpanner and KarmaLife have partnered to streamline the tax refund process for gig workers associated with major delivery and mobility platforms. This collaboration aims to simplify the recovery of Tax Deducted at Source (TDS) by g
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Provisions of TDS/TCS in case of death of deductee or collectee relaxed
Updated : 1 year, 7 months ago IST
The government has relaxed provisions of TDS/TCS in the event of death of deductee/collectee before the linkage of PAN and Aadhaar card.
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Essential Documents to Gather Before Consulting Your CA for ITR Filing
Updated : 1 year, 8 months ago IST
New Delhi [India], July 9: Tax season is upon us again in India! While some individuals may feel comfortable navigating the intricacies of filing income tax returns (ITR) themselves, many others seek the guidance of a chartered accountant (CA).
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CBI arrests income tax official for accepting bribe of Rs 4 lakh in Mumbai
Updated : 1 year, 10 months ago IST
As per the allegations, the accused had demanded an undue advantage of Rs 5.4 lakh from the complainant for issuing a lower TDS certificate in respect of the sale of a property of the complainant's maternal uncle, who is an NRI.
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Collected over Rs 700 cr in TDS from online gaming companies, crypto: CBDT
Updated : 2 years, 5 months ago IST
The Central Board of Direct Taxes (CBDT) has collected more than Rs 700 crore as Tax Deduction at Source (TDS) this financial year after a new TDS regime was brought in for online gaming and trade in cryptocurrency, said the tax body's chairman Nitin Gupta
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ITR Filing Deadline: Quickly complete your tax filing with Bajaj Markets
Updated : 2 years, 8 months ago IST
Pune (Maharashtra) [India], July 12: Fixed Deposit (FD) investors who had failed to link their PAN card to their Aadhaar account before July 1, 2023, are now facing repercussions. They have been disallowed from submitting Form 15 G/H against their FDs. Due to this, a TDS of 20 per cent has b
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Trusted Data Solutions (TDS) bets big on India; sets up India Restoration
Updated : 2 years, 10 months ago IST
Mumbai (Maharashtra) [India], May 2 (ANI/GPRC): Trusted Data Solutions (TDS), one of the leading global players in legacy data management, today announced that it is betting big on India's fast-growing legacy data and tape restoration market. It has acquired Pune-based digital solutions and
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