At the beginning of each financial year, salaried employees face an important question from their employers: Which tax regime do they want to choose - the old tax regime or new - for the purpose of ...

ITR filing 2025: The Central Board of Direct Taxes (CBDT) has released a recent circular outlining the updated guidelines for tax deductions from salary as per section 192 of the Income Tax Act, 1961.

Union Finance Minister Nirmala Sitharaman announced income tax changes in the Union Budget 2024, with certain updates scheduled to take effect from October 1. These crucial proposals, approved in the ...

Wondering when your Tax Deducted at Source (TDS) refund will hit your bank account this year? For the Assessment Year 2025-26 (Financial Year 2024-25), the Income Tax Department has significantly ...

The assessee explained that income and TDS were recognized in different financial years. ITAT restored the matter for limited verification and barred automatic ...

CBDT has introduced Form 12BAA to enable employees to inform their employers about TDS and TCS from other income sources, aiding in reducing tax deductions from salaries and increasing take-home pay.

With the Finance Bill approving a number of noteworthy proposals from the Union Budget 2024, certain changes are all set to take effect starting from Tuesday, October 1 including the implementation of ...

Income Tax Budget 2025 Live: Finance Minister Nirmala Sitharaman on Saturday said tax deductions at source (TDS) will be rationalised for senior citizens and doubled from Rs 50,000 to Rs 1 lakh. FM ...

In a noteworthy decision, the Income Tax Appellate Tribunal in Kolkata has come to the aid of an employee who found themselves in a challenging situation. Despite the employer's failure to remit TDS ...

Even though many of us are familiar with tax filing, the process of TDS deduction is still confusing for many. When and where TDS is applicable, what are the procedures to reduce it and how to claim ...

TDS Telecom is an American telecommunications company with headquarters in Madison, Wisconsin. It is a wholly owned subsidiary of Telephone and Data Systems Inc, and is the seventh-largest local ...