2. Section 194T uses the term “ Partner ” and does not specify the same as working or non-working. Thus the distinction ...

There are only a few days left for the new financial year 2025-26 to start. At the same time, many big changes are going to happen. These changes can affect the financial condition of the person. Very ...

As per the new provisions under Section 194N of Income Tax Act 1961, if an investor has not filed income tax returns (ITR) for the previous three assessment years then tax deducted at source (TDS) ...

CBDT exempts individual taxpayers from TDS on NSS withdrawals via latest notification, easing tax compliance and improving ...

Tax Deducted at Source (TDS) is a vital compliance mechanism under the Indian Income Tax Act, 1961. It ensures the steady inflow of revenue to the government and brings more people into the tax net.

Keeping up with the pace of remonetisation, the RBI had decided to enhance the withdrawal limit on saving accounts in two phases. From February 20, 2017 the limit on cash withdrawal was to be ...