Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the…
View More TDS Deduction on EPF Interest (New Rule)Tag: TDS
Points to remember regarding TDS statement
Given below are the points one should remember regarding TDS statement: Correct Reporting: Cancellation of TDS return and deductee row is no longer permissible. Accordingly, it…
View More Points to remember regarding TDS statementRemoval of TDS on Repurchase of Units by Mutual Funds / UTI
In a move that will bring relief to investors, the government has announced the removal of the Tax Deducted at Source (TDS) on the repurchase…
View More Removal of TDS on Repurchase of Units by Mutual Funds / UTILate Payment Intimation – reasons & how to resolve?
In the TDS Return filed, the intimation for Late Payment can be received for the following reasons: Case #1: There was a delay in payment…
View More Late Payment Intimation – reasons & how to resolve?Now pay TDS on Online Gaming
Online poker, rummy and other online games offering real money are seeing real-time growth in the last few years. The online gaming industry witnessed massive…
View More Now pay TDS on Online Gaming
TDS Deduction on EPF Interest (New Rule)
Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the…
View More TDS Deduction on EPF Interest (New Rule)TDS Deduction on EPF Interest (New Rule)
Employee Provident Fund (EPF) was earlier not subject to tax and was tax-free in the hands of the employee. When a contribution was made, the…
View More TDS Deduction on EPF Interest (New Rule)TDS / TCS at Higher Rates for Non-filers of Income Tax Return
The government of India has been implementing measures to curb tax evasion and increase tax compliance by streamlining the tax collection processes. One of those…
View More TDS / TCS at Higher Rates for Non-filers of Income Tax ReturnSection 193 – TDS on Interest on Securities
Section 193 – TDS shall be deducted on interest paid on securities by the interest payer Time of Deduction- TDS to be deducted at the…
View More Section 193 – TDS on Interest on SecuritiesLate Payment Intimation – reasons & how to resolve?
In the TDS Return filed, the intimation for Late Payment can be received for the following reasons: Case #1: There was a delay in payment…
View More Late Payment Intimation – reasons & how to resolve?