Good news for individual taxpayers including salaried as the Income Tax Department has released Form 13 which is used for applying for lower or nil rate of TDS deduction for FY 2025-26. This form can ...
The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...
New Delhi: Previously, the income tax law had more than 800 sections. In the new system, the number of sections and chapters has been reduced to less than half. This means that understanding taxes ...
New Delhi: The Income Tax Department has announced the deadline for filing TDS (Tax Deducted at Source) and TCS (Tax Collected at Source) correction statements for the financial year 2024–25.