Budget 2025 has increased the threshold limit to deduct TDS on house rent paid by non-individuals like companies, etc. Now TDS on house rent paid has to be deducted from the rent payment if the rent ...

The ruling clarifies that TDS must be deducted at the time of credit, even if amounts are booked as provisions. Merely claiming that no payment was made does not excuse ...

Budget 2026 discussions have once again brought attention to the major tax reforms introduced in recent Union Budgets, ...

With TDS contributing nearly 42% of India’s tax collections, the government has begun simplifying the withholding tax system through higher thresholds and removal of overlapping provisions.