The Income Tax Act, 2025, introduces new Form 128 for applications requesting nil or lower Tax Deducted at Source (TDS) on ...

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 ...

If your bank has deducted tax on your FD interest, that money may still be yours. You just need to know how to get it back.

Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...

Union Budget 2026 introduces a new Income Tax Act from April 1, 2026, with simplified rules. Key changes include reduced TCS rates on overseas tour packages and LRS remittances for education/medical.

By removing the TAN requirement, Budget 2026 eliminates a key hurdle in NRI property sales. Buyers can now comply using only ...

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 ...

TAN requirement removed and PAN-based challan introduced for resident buyers purchasing property from non-residents, easing compliance ...

In a relief to small taxpayers, the finance minister has proposed to give them an option to file applications for obtaining lower or nil TDS certifica.

The Income Tax Department says an unlinked PAN can become inoperative, leading to higher tax deductions and delays in refunds.

Union budgets may not always announce big giveaways for households, but they still shape everyday money decisions in quiet ...