Taxpayers often have to file income tax returns just so to claim a refund for having tax deducted at source for various reasons even when their income does not fall under the taxable bracket. The ...

New TDS, TCS rules 2025: Under the new provisions, senior citizens will be exempt from TDS on interest income up to ₹1 lakh per year.(Mint) The new income tax bill has changed the TDS (Tax Deducted at ...

Transaction Value: $4.3 billion sale of US Cellular Wireless business and spectrum assets to T-Mobile. Debt Assumption: $1.7 billion in debt assumed by T-Mobile, leaving $364 million on Array's ...

The Income Tax Department is now reportedly sending notices to salaried taxpayers who have claimed House Rent Allowance (HRA), but did not deduct tax at source (TDS) on rent payments in the past ...

Reader question: What's going on with the TDS fiber rollout? Haven't heard anything in the last couple years, but still getting emails. Is construction still happening? Answer: In 2022, the Green Bay ...

Finance Minister Nirmala Sitharaman announced on February 1 that the TDS threshold for rental income will be raised from ₹2.4 lakh per year to ₹6 lakh per year. This move aims to reduce the number of ...