According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...
Finance Minister Nirmala Sitharaman announced a series of taxpayer-friendly measures in the Union Budget 2026-27 aimed at easing compliance for small taxpayers. These include a simpler, rule-based TDS ...
Taxpayers face strict TDS and transfer-pricing filing deadlines. Starting December 1, key financial regulations will undergo changes that impact taxpayers, pensioners, and everyday consumers. As the ...
Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...
If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax deducted and file e-TDS returns.
Complex tax regulations for Non-Resident Indian (NRI) property sellers are causing significant fund blockage, with 12.5% to 31.2% of sale proceeds stuck. Budget 2026 should simplify Tax Deducted at ...
Complex tax regulations concerning property sales by Non-Resident Indians (NRIs) are causing significant financial blockages and compliance issues.