Latest News on Tds
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Tds - Total results - 55
Feb 08, 2019
Rationalise regime of standard deduction for salaried class; keep highly paid CEOs out of this facilityStandard deduction for the salaried class in its new avatar is one-size-fits-all — it is the same for both the CEO of a company and his lowly minion at the bottom of the heap.
Feb 05, 2019
Budget 2019: Tax proposals will increase disposable income of people, improve standard of livingThe interim Budget highlighted its extensive usage for making the life of taxpayers easy, with the return of income to be now processed within twenty-four hours
Feb 01, 2019
Interim Budget brings relief to individual taxpayers; rebate under section 87A hiked to Rs 12,500 for income up to Rs 5 lakhThe Section 87A limit of Rs. 3,50,000 has been hiked to Rs. 5,00,000 to help bring down taxes for those earning up to Rs 5 lakh.
Jan 22, 2019
People carried out high value transactions to get 21 days to file IT returns, submit response; no response to invite action: CBDTIn cases where no return is filed or no response is received for assessment year (AY) 2018-19 within the stipulated time, the department would consider initiating proceedings under the Income Tax Act 1961.
Dec 31, 2018
Haven’t yet filed Income Tax Returns? Last day today; hurry up and save late fee of Rs 5,000Income Tax Returns will not be accepted unless you have paid the late filing fee.
Sep 28, 2018
TDS regime under GST takes off from 1st October 2018: Government procurements alone targeted for the time beingThe TDS rate is 2 percent on the value of goods or services supplied ignoring GST. And there is an exemption from TDS requirement for the value of contract not exceeding Rs 2,50,000
Sep 21, 2018
E-commerce companies to deduct 1% TCS under GST from 1 October; 'unfair liability imposition' says trade bodyTCS provision would increase compliance burden for e-commerce companies but help government in checking tax evasion.
Jul 20, 2018
Income Tax Return filing: Why the last fortnight of July would strain the ITR server like never beforeThings have changed tremendously from the assessment year 2018-19 onwards insofar as the penalty regime for late filing of return is concerned.
Jun 01, 2018
Got your first pay cheque and found yourself eligible for tax? Here's how you go about paying your duesThe first job is imperative for every individual but as soon as an employee receives the first pay cheque, he is under scanner of the Income Tax Deparment, and becomes a taxpayer.
May 18, 2018
Money management: EPF is esoteric, FDs are for those who value safety; the contest is between PPF and NPSThe PPF is not employment specific. Indeed, its popularity lies in its availability for anyone who cares to save.