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 ...

Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.

In a relief to small taxpayers, the finance minister has proposed to give them an option to file applications for obtaining lower or nil TDS certifica.

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 ...

Union Budget 2026 offers big relief for small taxpayers with automated nil-TDS certificates and centralized Form 15G/H ...

Union budgets may not always announce big giveaways for households, but they still shape everyday money decisions in quiet ...

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 proposal aims to cut paperwork and prevent unnecessary tax deduction for eligible investors, especially senior citizens ...

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

The change, once enacted, will ensure accident victims receive the full interest awarded on compensation without tax deductions ...