With the implementation of the Income Tax Act, 2025, taxpayers seeking relief from higher tax deductions at source (TDS) will ...
The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on property and other transactions. This form replaces the older Form 13, with ...
The proposed amendments to the tax deduction and collection framework under the Income Tax Act, 2025by Finance Bill, 2026, effective largely from 1 April 2026, aim to rationalise rates, reduce ...
The Finance Bill, 2026 proposes to modernise the process for obtaining certificates for deduction of tax at source (TDS) or tax collection at source (TCS) at a lower or nil rate by enabling electronic ...
Union Budget 2026, presented by Finance Minister Nirmala Sitharaman, introduced several measures aimed at easing tax compliance, reducing litigation, and providing relief to specific taxpayer ...
Finance Minister Nirmala Sitharaman on Sunday announced that the review of the Income Tax Act, 1961, has been completed in record time, with the Income Tax Act, 2025, set to come into force from April ...
GAIL (India) Ltd. informs shareholders of a Board meeting on Jan 31, 2026, to consider an Interim Dividend for FY 2025-26. Record Date is Feb 5, 2026. Check detailed TDS deduction rates & document ...
Under current rules, property purchases from resident sellers attract a simple 1 TDS (for properties valued at ₹50 lakh or more) under Section 194-IA, using a single challan-cum-statement (Form 26QB).