Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...

Budget 2026 is expected to introduce major reforms including a GST-like overhaul of Customs Duty, simplified TDS rules and ...

The error arises when rejected TDS entries are not amended by the deductor. Correcting the entry through Table 4 of GSTR-7 resolves the ...

This article outlines key GST and Income Tax resolutions for 2026. Following them helps taxpayers avoid penalties and stay ...

Anticipate major reforms in the Union Budget 2026-27, focusing on customs, TDS, debt management, and individual tax relief.

The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...

TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where ...

SBI Research flagged a steady decline in the share of bank deposits in household financial savings, a trend that it believes ...

The government is working on classification of cryptocurrency as goods or services under the Goods and Services Tax (GST) law According to a PTI report, if the GST is imposed on the entire transaction ...