Author Archives: TDSMAN

TDS Exemption to Non-Residents on certain withdrawal from NSS

The Ministry of Finance, Dept. of Revenue has recently notified vide Notification No. 27/2025 dated 4th April 2025, that provides TDS exemption on certain withdrawals from the National Savings Scheme… Read more »

New File Validation Utilities (FVUs) Version 9.0 & 2.186 released on 1st April, 2025

The Income Tax Department has released a new version of the File Validation Utility (FVU) to validate TDS / TCS returns before submission. This update introduces several enhancements and changes,… Read more »

TDS / TCS – Changes w.e.f. 1st April 2025

      2 Comments on TDS / TCS – Changes w.e.f. 1st April 2025

1. Section 194D – Payment related to Insurance Commission The TDS @2% would apply on Section 194D – Payment related to Insurance Commission, till 31st March this was 5%. The… Read more »