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

The budget also raised the threshold for exemption from TDS on rental income from Rs.2.4 lakh a year to Rs.6 lakh, which will ...

Large foreign travel spends will attract higher upfront tax payments. Those funding education through loans get relief. TCS paid can be claimed later as a tax credit. The revised limits aim to ease ...

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 ...

Other gainers included Reliance Industries, whose valuation grew by Rs 25,373.2 crore to Rs 17,11,371.54 crore.

Finance Minister Nirmala Sitharaman announces tax revisions to boost household consumption and ease tax compliance for small ...

The threshold to collect tax at source on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be ...

The existing TCS was applied specifically to remittances exceeding Rs 7 Lakh under the LRS. Besides this, the government has ...

Union Finance Minister Nirmala Sitharaman proposed to raise the threshold of tax deducted at source (TDS) and tax collected ...

Finance Minister Nirmala Sitharaman has announced that under the new income tax regime, nil tax slab has been raised from ₹7 ...

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 ...