At the beginning of each financial year, salaried employees face an important question from their employers: Which tax regime do they want to choose - the old tax regime or new - for the purpose of ...

March deadlines: advance tax payments due March 15, TDS certificate issuance by March 17, and international tax reporting by ...

Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...

From rules on TDS and TCS to pension reforms, ITR deadline extension for certain categories and new tax exemptions, one must ...

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. TDS means tax deducted at source—which ...

One of the most significant changes is in Tax Audit reporting, where the earlier Forms 3CA and 3CB have now been replaced by Form 26. The new form reportedly contains 55 segment-wise clauses, ...