Clarity on TDS on rent paid to joint owners shows the ₹50,000 threshold applies per landlord, not per property. Joint ...

Learn how FEMA rules affect NRI property purchase in India, including payment rules, documents, home loans, taxes, TDS and common mistakes to avoid.

With increasing digital integration across government databases, preventive reconciliation before filing the return has ...

Filing your ITR? Here's a complete guide to paying self-assessment tax at a bank branch, including Challan ITNS 280, ...

The ITAT Delhi held that deduction of TDS by the payer does not by itself establish that income has accrued to the recipient. It ruled that income must be recognised based on the assessees accounting ...

Summary The article provides a practical guide for Non-Resident Indians (NRIs) on Indian income tax compliance, emphasizing that living abroad does not ...

The country's financial watchdog said it will continue to raise warnings about government spending, but that the Government should "listen to itself". In his opening statement, Ifac chairman Séamus ...

A ruling by the Mumbai bench of the Income Tax Appellate Tribunal (ITAT) has underscored the importance of understanding tax deduction at source (TDS) obligations when purchasing property.The case ...

Buyers must fully understand TDS related tax compliance laws to ensure that their investment doesn't turn into legal trouble. Photo Source: Freepik Buying property above Rs 50 lakh is considered a ...

Civil servants across all grade levels have seen a significant increase in take-home pay following recent tax reforms, according to the Ministry of Finance’s latest Quarterly Macroeconomic Situation ...

American Christian singer and songwriter Natasha Owens may have just dropped the song of the summer with her new single, “TDS (feat. Alex Stein #99),” otherwise known as “Trump derangement syndrome.” ...

After three years of noncompliance with a 2023 U.S. Supreme Court ruling, Illinois lawmakers have passed a measure that would fundamentally change how counties and taxing bodies in the state can ...