However, sweeping changes have been proposed in the Union Budget 2025 relating to simplification and rationalisation of TDS/TCS provisions. These changes mainly relate to rationalisation of threshold ...

Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised ...

Budget 2025 has proposed higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS). The new ...

There are a variety of TDS provisions applicable with different rates and different thresholds. There are about 33 Sections ...

BENGALURU: In a significant step to simplify the tax regime and also to reduce the compliance burden, the government has ...

Discussion on Union Budget implications for private sector investment and inclusive growth at GITAM School of Business.

FM says tax deduction limit on interest for senior citizens doubled from Rs 50,000 to Rs 1 lakh. Annual Rs 2.40 lakh limit ...

Finance Minister Nirmala Sitharaman introduces key personal finance measures in Union Budget 2025, including TDS and TCS rationalisation.

Budget 2025 income tax: Budget 2025 introduces key personal tax reforms focusing on Viksit Bharat. Amendments include a new income-tax bill, revised income tax slabs, and increased rebate ...

With an aim to reform the personal income tax regime with a special focus on middle-class citizens, the Union Finance ...

In a major change, the new tax slabs for the income tax regime now exempt individuals earning up to Rs 12 lakh annually from ...

Finance Bill 2025 proposes removing Sections 206AB and 206CCA of the Income-tax Act, which currently mandate higher tax deduction (TDS) and tax collection (TCS) rates for non-filers of income tax ...