Under the provisions of section 203A of the Act, every person deducting tax (deductor) or collecting tax (collector) is required to obtain Tax Deduction and…
View More Budget 2015-16: Relaxing the requirement of obtaining TAN for certain deductorsDay: March 4, 2015
Budget 2015-16: Rationalisation of provisions relating to tax deduction at source (TDS) and tax collection at source (TCS)
Under Chapter XVII-B of the Act, a person is required to deduct tax on certain specified payment at the specified rate if the payment exceeds…
View More Budget 2015-16: Rationalisation of provisions relating to tax deduction at source (TDS) and tax collection at source (TCS)TDS on Big Transporters proposed to be levied wef 01.06.2015
Under the existing provisions of section 194C of the Act payment to contractors is subject to tax deduction at source (TDS) at the rate of…
View More TDS on Big Transporters proposed to be levied wef 01.06.2015TDS on Pre-mature EPF withdrawals Proposed @ 10% wef 01.06.2015
Under the Employees Provident Fund and Miscellaneous Provisions Act, 1952 (EPF & MP Act, 1952), certain specified employers are required to comply with the Employees…
View More TDS on Pre-mature EPF withdrawals Proposed @ 10% wef 01.06.2015