A comprehensive overview of the revamped TDS structure, detailing how the Act reorganizes withholding rules and clarifies rates, thresholds, and compliance obligations.
Overview of the New Income Tax Act, 2025 structure for Salary income. Covers taxable perquisites, standard deduction limits, and exemptions for gratuity, leave encashment, and funds.
Understand how employers calculate the average rate of TDS on salary under Section 392 of the Income-tax Act, 2025, for both Old and New Tax Regimes, including mandatory revisions.
New Income Tax Act 2025 retains key TDS rules for salary, PF, and superannuation; explains employer duties, employee declarations, and foreign salary taxation.
Understand the transition from the Income-tax Act, 1961, to the 2025 Act, effective April 1, 2026. This summary clarifies how the legacy law governs pending obligations, assessments, appeals, and tax returns for prior financial years.
Examines the tax implications of employer-funded education, covering employer deductions and employee taxation. Includes analysis of key judicial precedents and practical advice.
