Did you book a foreign holiday recently and have to shell out an extra 5% or 20% in tax collected at source (TCS)? There’s good news if you’re a salaried employee. Did you book a foreign holiday ...

The new Income Tax Bill 2025, set to be tabled in Parliament on Thursday, marks a historic moment in India’s tax landscape, as it will replace the current year legislation introduced way back in 1961.

https://www.thehindubusinessline.com/economy/deductors-can-collect-tdstcs-at-normal-rates-even-if-pan-is-not-linked-to-aadhaar-by-may-31/article68102059.ece Copy ...

Nirmala Sitharaman said in Budget 2025 speech that the threshold amounts for tax deduction at source (TDS) will be increased for better clarity and uniformity Union finance minister Nirmala Sitharaman ...

Budget 2025 introduces higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS), aiding small taxpayers and gig workers. TDS on dividend income's limit rises from Rs 5,000 ...