Income Tax : A consolidated guide to Income-tax Act threshold limits for AY 2026-27 covering exemptions, deductions, TDS, TCS, compliance and p...
Income Tax : This guide consolidates the latest TDS rates applicable to residents, non-residents, companies, and firms under the Income-tax Act...
Income Tax : A detailed overview of updated TDS provisions mapping old and new sections, rates, and thresholds. Helps taxpayers understand comp...
Income Tax : The new law restructures TDS provisions with new section numbers and codes. Businesses must update systems despite no change in ra...
Income Tax : The updated TDS provisions reorganize multiple earlier sections into a simplified framework covering salary, resident payments, no...
Corporate Law : Article explains TDS Rates for Financial year 2022-23 i.e. Assessment Year 2023-24 under Income Tax Act, 1961. Article contains TD...
Income Tax : Download TDS Rate Chart for Financial Year (F.Y.) 2011-12 /Assessment Year (A.Y.) 2012-13. Download TDS Rate Chart for Financial...
Income Tax : This follows a recommendation from the income tax department that TDS rates should be structured in three slabs of between one and...
Income Tax : Circular No. 8/2013-Income Tax Provisions of TDS on Salary as applicable on Income from Salary for Financial year 2013-14 / Asses...
As we all aware there were two budgets presented in year 2009. One was interim Budget presented by Finance Minister in Februar 2009 and other one was Final budget Presented by Finance Minister in parliament in July 2009. Normally Final Budget get presendted in parliament in February and Govenment made changes applicable from April. Since budget presented in February was interim budget so in that budget government not made any changes in provisions related to TDS.
TDS Rates • For payment to residents and domestic companies, there will be no surcharge and cess on the basic rate of TDS. This simplifies TDS rates to a great extent. • There are changes in TDS rates for payments to contractors and payment of rent. Those are explained below. TDS on payment to contractors: Section 194C
This follows a recommendation from the income tax department that TDS rates should be structured in three slabs of between one and five per cent for any stream of income. TDS is the final tax payable by an assessee receiving any income as salary, contract fee or dues. It is deducted by the taxpayer while […]
In every case in which tax is to be deducted at the rates in force under the provisions of sections 193, 194, 194A, 194B, 194BB, 194D and 195 of the Income tax Act, the rates for deduction of income-tax at source during the financial year 2008-09 have been specified in Part II of the First […]
