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Thursday, December 25, 2025

Day: March 1, 2013

Budget -1% TDS on transfer of Immovable property exceeding Rs.50 lakh

Tax Deduction at Source (TDS) on transfer of certain immovable properties (other than agricultural land) There is a statutory requirement under section 1 39A of…

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Budget -Income Tax Surcharge Rate hiked for higher Income Assessees

The Finance Bill 2013-14 proposes a surcharge of 10 per cent on persons whose taxable income exceed Rs. 1 crore per year. This will apply…

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TDS Rates for FY 2013-14 / AY 2014-15

Applicable TDS Rates are same as were in force for F.Y. 2013-13 except the changes specified below. I.Rates for deduction of income-tax at source during…

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