The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...
The Budget removes TCS on remittances up to ₹10 lakh for foreign education when funded by loans, while retaining a 5% TCS for ...
Budget 2025 introduces higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS), aiding small ...
In Budget 2025, tax relief measures include raising the income tax rebate limit to ₹12 lakh and doubling senior citizens’ tax ...
The budget has removed the Tax Collected at Source (TCS) on foreign education remittances when funded through loans from ...
There are a variety of TDS provisions applicable with different rates and different thresholds. There are about 33 Sections ...
In the Union Budget speech, Finance Minister Nirmala Sitharaman made several significant announcements, including the proposal to bring a new income tax bill, reduction of tax slabs and changes ...
With an aim to reform the personal income tax regime with a special focus on middle-class citizens, the Union Finance ...
The Indian government announced the Union Budget for the 2025-26 fiscal year on Saturday, bringing modest gains for certain tourism sectors.
Assocham praises the Union Budget 2025-26, calling it 'bold' and focused on boosting consumption, particularly by the middle ...
Explore the expert insights and opinions on Indias 2025-26 budget, exploring key economic strategies, sectoral impacts, and ...
FM proposes to hike the TCS limit to Rs 10 lakh from Rs 7 lakh currently. The TCS is applicable to the outward foreign ...