Editorial Note: Forbes Advisor may earn a commission on sales made from partner links on this page, but that doesn't affect our editors' opinions or evaluations. Tax deduction at source (TDS) or ...

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

Taxpayers face strict TDS and transfer-pricing filing deadlines. Starting December 1, key financial regulations will undergo changes that impact taxpayers, pensioners, and everyday consumers. As the ...

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.

– Simple form to replace ITR for those below taxable limit. – Refund form auto-filled from TDS data. – Part of new Income Tax Bill 2025. New Delhi: Salaried individuals often need to file an Income ...

Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...