You Searched For "tax collected at source" and got 16 results
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7 mins read
SIMPLY PUT: SEBI is on a mission to take on the wild, wild west of futures and options in India. Here’s why, what, and how
It's no secret that futures and options see extreme risks, with most traders losing money regularly…
5 mins read
This tactic to avoid income taxes without moving to Florida could surge thanks to a 'silver tsunami'
Rich business owners looking to cash out can save big on income taxes by setting up trusts in tax-h…
Hayley Cuccinello
2 mins read
Onus of deducting TCS on standalone overseas hotel bookings should be on banks: MakeMyTrip
MakeMyTrip, an online travel service provider, believes that banks should be responsible for deduct…
PTI
1 min read
Provisions of TDS/TCS, in case of death of deductee or collectee relaxed by govt
On April 23, 2024, CBDT extended the date for linking of PAN and Aadhaar May for the taxpayers (for…
ANI
2 mins read
Comprehensive review of the IT Act imminent in 6 months, notes revenue secretary
Malhotra explained the government's rationale behind this proviso, noting that buyback does not f…
2 mins read
Credit card payments on foreign tours to be brought under LRS to ensure compliance with TCS
Credit card payments for foreign travel will be brought under the purview of the Liberalised Remitt…
PTI
3 mins read
Decoding Form 16: How do you file your taxes if you don't get Form 16?
While you can still download Form-16, there's another, manual way to figure out your tax liability.…
4 mins read
GST Council tweaks tax rates; Waives interest, penalty on tax dues for first 3 years of rollout
The GST Council on Saturday decided to tweak tax rates on items, including accommodation services f…
PTI
3 mins read
Trump wants to cut Social Security taxes for seniors. It's not as good as it sounds.
Former President Donald Trump said he wants to end Social Security taxes for older adults. It could…
Allie Kelly,Ayelet Sheffey
1 min read
GST collection rises 12% to ₹1.57 lakh crore in May
The gross Good & Services Tax (GST) revenue collected in the month of May, 2023 is Rs 1,57,090 cror…
PTI
4 mins read
A tax expert shares the misconceptions and hidden costs the wealthy face when moving to Puerto Rico for tax breaks
The tax benefits of moving to Puerto Rico have misconceptions about capital gains and the requireme…
Cork Gaines
6 mins read
New TCS regulations may pinch your wallet while travelling abroad. Here’s how you can minimise the impact
A threshold relaxation of ₹7 lakh per financial year from TCS has been given only for overseas spen…
4 mins read
People are getting taxed for gig work they've never done
Uber and DoorDash have been sending tax forms to people who have never worked for the gig delivery …
Alex Bitter
8 mins read
Exclusive: Hunter Biden's tax returns
Hunter Biden's 2018 tax return, published here by Business Insider, complicates the narrative laid …
Mattathias Schwartz
2 mins read
Finance Bill's new tax collection norms may make exports expensive, says an expert
The Finance Bill 2020 proposes a new tax subsection (1H), under 206 C requires TCS at the rate o…
4 mins read
India needs to review how it wants to extract tax from Zomato and Swiggy
India’s Finance Minister Nirmala Sitharaman on Friday announced that online food delivery platforms…