Union Budget 2026 proposes PF tax simplification, a uniform Rs. 7.5 lakh employer contribution cap, TDS reforms, and easier compliance.
Finance Minister Nirmala Sitharaman unveiled a new scheme for small taxpayers. This initiative will allow them to get lower or nil tax deduction certificates through an automated process. The Income ...
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.
The Finance Minister presented the Budget in Kartavya Bhawan anchored in three core kartavyas - driving economic growth, ...
Taxpayers will be able to apply online for lower or nil TDS certificates. The move simplifies compliance and reduces dependency on physical ...
According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
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.
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 ...
FM Nirmala Sitharaman has announced that senior citizens will now be allowed to submit Form 15H just once through their ...
Union Budget 2026 brings major TDS and TCS changes under the Income Tax Act 2025. Check what increases, exemptions, TAN relief and who pays more from April 1, 2026.
Tax Deducted at Source (TDS) on the sale of immovable property by non-residents will now be deducted and deposited by ...