Budget 2025 proposes increasing threshold limits for tax deducted at source (TDS) across various income categories, ...

Section 206C (1) mandates the seller to collect tax at source (TCS) from buyer, at specified rates, on sale of specified goods such as alcoholic liquor, timber, tendu leave, any other forest produce ...

For a middle-class that is struggling with tight cash flows and higher taxes, the finance minister has come with a bunch of ...

Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on ...

Budget 2025 simplifies tax rules and provides major relief to taxpayers. The new tax slabs, second-home exemption, senior ...

Under Section 80-IAC, the income of any three continuous years out of the initial 10 years of a registered startup is ...

The proposed tax changes by the FM guarantee no one is worse off, with potential gains depending on income level and scheme. The new regime offers sig ...

The higher disposable income resulting from lower tax incidence should ideally find its way into investing more towards ...

Lets go through with highlights of Budget on Direct taxation matters. The Finance Bill is set to be tabled next week, according to the Finance Minister. No Tax Up to Rs 12 Lakh- Individuals having ...

The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...

The increase in threshold from Rs 7 lakh to Rs 10 lakh for collecting TCS is expected to benefit the travel and foreign exchange sectors, providing a boost to outbound tourism, education and the ...

The Budget removes TCS on remittances up to ₹10 lakh for foreign education when funded by loans, while retaining a 5% TCS for ...