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 ...

Finance Minister Nirmala Sitharaman announced a series of taxpayer-friendly measures in the Union Budget 2026-27 aimed at easing compliance for small taxpayers. These include a simpler, rule-based TDS ...

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

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 ...

Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax ...

Complex tax regulations concerning property sales by Non-Resident Indians (NRIs) are causing significant financial blockages and compliance issues.