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Keeping track of your Tax Deducted at Source (TDS) has never been easier. If you want to check your TDS status online, this ...

Budget 2025 proposes raising the TDS threshold on interest earned from fixed deposits by non-senior citizens from Rs 40,000 to Rs 50,000 per annum, effective April 1, 2025. TDS is deducted by banks on ...

Individuals can claim two self-occupied properties as NIL taxable income. TDS on rent limit increased from ₹2.4 lakh to ₹6 lakh, reducing compliance for small landlords. Threshold for senior ...

Union Budget 2025 announced an increase in the TDS threshold. Finance Minister Nirmala Sitharaman, while tabling the Union Budget 2025 announced reforms related to tax deductions at source (TDS), and ...

FM said, 'The annual limit of Rs 2.40 lakh for TDS on rent is being increased to Rs 6 lakh. This will reduce the number of transactions liable to TDS, thus benefiting small tax payers receiving ...

The Finance Minister said, “It is proposed to provide that no tax is required to be deducted when the amount or aggregate of amounts of such dividend, distributed or paid or likely to be distributed ...

The re-elected government initiated a revamp of the Income-Tax Act to simplify and ease compliance with TDS provisions. With Budget 2025 approaching, businesses anticipate further rationalisation ...

Indian Finance Minister Nirmala Sitharaman on Saturday (Feb 1) announced measures to rationalize TDS to ease the compliance burden of Indian citizens. Presenting the 14th consecutive Budget — for the ...

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The buyer can deposit the TDS in a challan-cum-statement Form (Form 26QB), if the seller is a resident. If the seller is a non-resident, tax is withheld at a higher rate and the buyer is ...