BENGALURU: In a significant step to simplify the tax regime and also to reduce the compliance burden, the government has ...
The Union Budget 2026–27 has proposed targeted changes to the Tax Deducted at Source (TDS) and Tax Collected at Source (TCS) framework, underlining the government’s attempt to simplify compliance ...
The requirement to issue TDS and TCS certificates is increasingly seen as redundant. (AI image) India’s tax deduction at source (TDS) framework, originally designed as a mechanism to ensure steady ...
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Income tax: New TDS/TCS statement correction deadline; do it now to avoid tax notice later
The Income Tax Department has issued an advisory saying that you can only file TDS and TCS correction statements for Q4 of FY 2018-19 to Q3 of FY 2023-24, until March 31, 2026. So, if your bank, ...
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