New Delhi: National carrier Air India has clarified that it had already deposited the TDS and the PF dues for superannuated employees which are being released within 30-60 days. There have …
Air India employees receiving PF dues within 30-60 days Read More
New Delhi: The reduction in tax deduction at source (TDS) and tax collection at source (TCS) will benefit self employed, professionals and senior citizens with sources of rental or interest income …
TDS relief for those with rental or interest income, not for salaried or NRI taxpayers Read More New Delhi: To provide more money into the taxpayers’ hands, the government, here on Wednesday, reduced the TDS (tax deduction at source) rates for non-salaried specified payments made to residents, and …
TDS/TCS rate cut by 25% to let Rs 50,000 cr in taxpayers’ hands Read More
New Delhi: In the lockdown period, the government has spared even the super rich from being categorised as a defaulter for not paying advance taxes on the basis of higher surcharge …
‘Super rich’ not in default if higher surcharge not paid in quarter before last year’s Budget Read More New Delhi: The new Budget proposal of taxing income distributed by asset managers to unit holders if such transfers are more than Rs 5,000 in a financial year may not make …
MFs to deduct TDS at 10% only on dividend income: CBDT Read More
New Delhi: Investing in mutual funds may become less attractive as the government has proposed a tax on the income distributed by asset managers to unitholders. Finance Minister Nirmala Sitharaman in …
TDS at 10% for mutual fund income above Rs 5,000 Read More
New Delhi : Money flowing out of India is being taxed with tax deduction at source added on services like foreign tour packages and remittances as the outgoing funds flow is …
TDS at 5% on foreign tour packages, remittances abroad Read More
Mumbai, Similar to expectations ahead of the Union Budget, Dalal Street has its eyes on a possible relaxation in taxes such as long-term capital gains tax (LTCG) and Dividend distribution …
Markets expect relaxation on long-term capital gains tax Read More