TDS & TCS RATE CHART (FY: 2017-18 / AY: 2018-19)
TDS RATE CHART FY: 2017-18 (AY: 2018-19) Section Nature of Payment Threshold Indv/ HUF Others Rs. TDS Rate (%) 192 Salaries – Avg – 192A Premature withdrawal… Read more »
Category: PAN
CBDT issues PAN and TAN within 1 day to improve Ease of Doing Business
Government of India Ministry of Finance Department of Revenue Central Board of Direct Taxes PRESS RELEASE New Delhi, 11th April, 2017 CBDT issues PAN and TAN within 1 day to… Read more »
How to handle TDS on sale of property
Since June 2013, it has been mandatory for buyers of immovable property to deduct TDS from the amount to be paid to the seller. It is the responsibility of the… Read more »
Aadhar to be made mandatory for filing I-T return, applying for PAN card
The government has proposed to make Aadhaar card mandatory for filing income tax return and also applying for permanent account number (PAN). The new proposal has been made through an… Read more »
Budget 2017 – Changes in TCS Provisions
1.Restriction on cash transactions It is also proposed to consequentially amend the provisions of section 206C to omit the provision relating to tax collection at source at the rate of… Read more »
Budget 2017 – Changes in TDS Provisions
1.Deduction of tax at source in the case of certain Individuals and Hindu undivided family The existing provisions of section 194-I of the Act, inter alia, provide for deduction of… Read more »