Tag: Section 206AB & 206CCA

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

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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 »

Key TDS / TCS proposed changes in Budget 2025-26

      3 Comments on Key TDS / TCS proposed changes in Budget 2025-26

The Union Budget 2025-26 brings notable changes to tax deduction and collection processes, aimed at streamlining compliance and administrative procedures. These amendments focus on revising thresholds, removing redundant provisions, and… Read more »