TDS Deduction on EPF Interest (New Rule)
Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the employee could claim an income… Read more »
Tag: TDS
Points to remember regarding TDS statement
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it is very important to report… Read more »
Removal of TDS on Repurchase of Units by Mutual Funds / UTI
In a move that will bring relief to investors, the government has announced the removal of the Tax Deducted at Source (TDS) on the repurchase of units by Mutual Funds… Read more »
Key TDS & TCS Amendments in Budget 2023
The finance minister in her 2023 budget announced, that the intention of government is to maintain continuity as well as simplify taxation and reduce the burden of compliance for the… Read more »
Changes in TDS Return filing dates for FY:23-24 Q1
1. TDS Return for Quarter 1 of the Financial Year 2023-24 for Form 24Q (Salary) is to be filed as usual within 31st July, 2023. 2. Due date for filing… Read more »
Now pay TDS on Online Gaming
Online poker, rummy and other online games offering real money are seeing real-time growth in the last few years. The online gaming industry witnessed massive growth in the last 10… Read more »