According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...

Finance Minister Nirmala Sitharaman announced a series of taxpayer-friendly measures in the Union Budget 2026-27 aimed at easing compliance for small taxpayers. These include a simpler, rule-based TDS ...

By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...

Finance Minister Nirmala Sitharaman unveiled a new scheme for small taxpayers. This initiative will allow them to get lower ...

Budget 2026-27 introduces measures simplifying tax compliance for small taxpayers, including reduced TCS rates and ...

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax deducted and file e-TDS returns.

The Budget proposes replacing the Income Tax Act, 1961 with the new Income Tax Act, 2025 from April 2026. The key takeaway is a simplified, modern tax law designed for easier ...

Union Budget 2026 details direct tax measures, TDS/TCS rate changes, new exemptions, and revised ITR deadlines for taxpayers.

The Indian government has announced a landmark reform in direct taxation with the new National Income Tax Act, replacing the ...

The Budget introduces exemptions, lower TCS rates, and simplified compliance to reduce taxpayer burden. Key relief includes ...