Government had made the provision of levying 2 per cent TDS on cash withdrawals exceeding Rs 1 crore.
17 Sep 2019 9:09 AM
CBDT has laid down a new criteria to ensure only 'deserving cases get prosecuted'.
12 Sep 2019 12:33 PM
If a person has already withdrawn Rs 1 cr or more in current fiscal, the 2 pc TDS shall apply on all subsequent cash withdrawals.
31 Aug 2019 10:58 AM
To avoid penal actions, ensure that you file your income tax return on or before the August 31, 2019 deadline.
14 Aug 2019 2:53 PM
There have been demands for an extension in filing ITR date since issuance of TDS statement for 2018-19 fiscal was delayed.
23 Jul 2019 8:19 PM
Two per cent tax will be charged if aggregate cash withdrawal from one or more accounts exceeds Rs 1 crore.
19 Jul 2019 9:38 AM
Tax payers have to pay special attention this year on account of the changes in the forms.
13 Jul 2019 1:41 PM
Apart from keeping the tax slabs unchanged, there are a number of budget proposals that will impact your personal finance.
12 Jul 2019 10:56 AM
The tea body said that the wages paid to the tea garden workers were both in cash and in kind.
06 Jul 2019 2:56 PM
Finance minister also announced TDS of 2 per cent on cash withdrawal of more than Rs 1 crore from a bank account.
05 Jul 2019 2:26 PM
Earlier, the limit for seeking Tax Deducted at Source (TDS) exemption was Rs 2.5 lakh.
23 May 2019 6:11 PM
The GST Council also needs to have a 'Plan-B' for a swift and smooth GST compliance network.
11 Apr 2019 8:47 AM
Rao, popularly known as Maganti Babu, was accompanied by Kaikaluru Assembly contestant JMV Ramana and other leaders.
24 Mar 2019 5:27 PM
The government is offering benefits under Section 80D of the income tax act, making treatments from private hospitals affordable.
21 Feb 2019 12:42 PM
How can you avoid this heartburn? Here are a few ideas.
16 Aug 2018 6:43 AM
Target for 2017-18 is Rs 41,891 crore and the department has been able to collect 69 per cent of the target till now.
11 Jan 2018 12:44 PM
Following industry demands, the government in June had decided to defer the TDS and TCS provision for smooth rollout of GST.
10 Sep 2017 3:19 PM
According to an official, taxpayers this year have been facing many new difficulties, so the deadline may be extended.
28 Jul 2017 8:11 PM
From several new changes in rules to GST, there are various reasons why the deadline for ITR filing should be extended in 2017.
28 Jul 2017 3:02 PM
ITR-1 Sahaj form is a simple, seven-structure form for individuals earning up to Rs 50 lakh.
06 Jul 2017 1:55 PM