The recent changes in capital gains taxation have introduced parity between domestic and international assets, thereby ...

Other gainers included Reliance Industries, whose valuation grew by Rs 25,373.2 crore to Rs 17,11,371.54 crore.

Reliance Industries remains the most valued firm, followed by TCS, HDFC Bank, Bharti Airtel, ICICI Bank, Infosys, State Bank ...

Section 276BB of the Income-tax Act, 1961 provides for prosecution in case of failure to pay the tax collected at source to the credit of Central Government. Ans. Section 276BB of the Income-tax Act, ...

Budget 2025 announcements included reforms related to income tax, TDS, tax on second housing property, crypto investent, etc.

The rise in the Tax Collection at Source (TCS) exemption limit on foreign remittances from Rs 7 lakh to Rs 10 lakh will ...

Budget 2025 proposes increasing threshold limits for tax deducted at source (TDS) across various income categories, ...

In terms of GST-specific amendments, Budget 2025 also focused on pre-deposit amounts for GST appeals, reducing penalties for E-way bill violations and introducing a 10% penalty for other infractions.

The Union Budget 2025-26 brings major tax relief for the middle class, with no income tax on earnings up to Rs 12 lakh under ...

Girdhari Lal Toshniwal, secretary, Hyderabad branch of Institute of Chartered Accountants of India, said that the tax reform would increase spending by the middle class. He said that with income up to ...

The threshold to collect TCS on remittances under RBI’s liberalised remittance scheme (LRS) is proposed to be raised from ₹7 ...

Budget 2025 introduces higher thresholds for tax deducted at source (TDS) and tax collected at source (TCS), aiding small taxpayers and gig workers. TDS on dividend income's limit rises from Rs 5,000 ...