Tax Deducted at Source (TDS) is a vital compliance mechanism under the Indian Income Tax Act, 1961. It ensures the steady inflow of revenue to the government and brings more people into the tax net.

The threshold TDS limit has been doubled for senior citizens from April 1, 2025. The interest income from fixed deposits (FDs ...

Sky News host Rowan Dean has weighed in on the political and media response to US President Donald Trump’s tariffs, accusing ...

The Union Budget brought a few changes to TDS rules, which would benefit senior citizens, investors and salaried employees.

President Donald Trump pressured Sens. McConnell, Paul, Collins and Murkowski in a Truth Social post ahead of an upcoming ...

Partnership firms face a new reality as they are now required to calculate TDS on payments to partners exceeding ₹20,000.

A survey of over 130 TDs and senators has found that not one of them would back MMA fighter Conor McGregor in a presidential ...

Over the past few weeks, the Indian Income Tax department has been investigating whether the 1% TDS on crypto transactions ...

A NUMBER of TDs have stormed out of the Dail chamber as the speaking rights row comes to a close. Deputies from Sinn Fein, ...

In a big move to simplify tax compliance and offer financial benefits, the government has announced a host of reforms ...

Additionally, the new income tax regime will be the default option starting from April 1, 2025 for taxpayers. Those who wish to continue using the old regime (allowing deductions) need to opt in ...

The landlord’s PAN must be mentioned in the TDS challan. However, if the PAN is missing or inactive, the TDS is levied at 20% under Section 206AA. On the other hand, for Non-Resident Indian (NRI) ...