In accordance with the recent amendment to section 200(3) of the Income-tax Act by the FINANCE (No.2) ACT, 2024, it has been stipulated that correction statements for TDS/TCS filings must now be ...

This article explains the concept of a Lower Deduction Certificate, its legal basis, eligibility, and the detailed procedure for applying for it under the Income Tax Act, 1961. What is a Lower ...

In today's time, every person opens a bank account to save money (saving rules). Saving account is considered the most ...

Post Office TD or Bank FD both are a favourable option for tax saving investment before the end of financial year 2024-25.

Students must believe in themselves and set goals in order to achieve success, especially in the competitive Union Public ...

Declare this additional income to the employer and request for additional TDS deduction before March 31.

Life insurance is an essential financial tool that provides security while helping you plan for the family’s future. The ...

As the financial year 2024-25 nears its end, taxpayers must focus on important tax-related documents, including the Income ...

The proposed amendment in the Budget 2025 lowers the TDS threshold for rental income from ₹2,40,000 per year to ₹50,000 per ...

Both Tax-Saving Fixed Deposits (FDs) from banks and the Post Office 5-Year Time Deposit provide secure investment options ...

Finance Minister Nirmala Sitharaman has introduced major revisions to the Tax Deducted at Source (TDS) rules in the Union Budget 2025 ...