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TDS Rule Change From April 1: With the start of the new fiscal year (FY 2024-25), significant changes are set to take effect, starting April 1, 2024. India’s Finance Minister, Nirmala Sitharaman, has ...
This new provision mandates that Partnership Firms and LLPs must deduct Tax at Source (TDS) on certain payments made to their partners, such as remuneration, interest on capital, and other payments.
In India, a mechanism known as TDS (Tax Deducted at Source) ensures timely tax collection by deducting taxes at the time of income payment. The government lowered TDS rates in 2024, and at the ...
an exclamation point on a campaign in which he captured the receiving triple crown with 1,947 yards and 16 TDs on 145 catches. Injuries and time have taken their toll since, leading the Rams to ...
Tax Deducted at Source (TDS) is a scheme launched by the Government of India for deduction of tax at the very source of income. It ensures each payment made will carry some portion of taxes being ...
To benefit senior citizens, the government has doubled the TDS threshold for interest income from Rs 50,000 to Rs 1 lakh. Listen to Story The government has doubled the TDS limit for interest income ...
New TDS Rules 2025: The Budget 2025 announcements regarding the tax deducted at source (TDS) are going to be implemented from April 1, 2025. The changes are aimed at providing financial relief to ...