This article explains the concept of a Lower Deduction Certificate, its legal basis, eligibility, and the detailed procedure for applying for it under the Income Tax Act, 1961. What is a Lower ...

In accordance with the recent amendment to section 200(3) of the Income-tax Act by the FINANCE (No.2) ACT, 2024, it has been stipulated that correction statements for TDS/TCS filings must now be ...

Ahmedabad: According to the new TDS-TCS correction rules, taxpayers can file correction statements for six years from the ...

Banks, companies, employers, and other institutions deduct TDS at the rates prescribed under the Income Tax Act, 1961, even ...

Missing advance tax deadlines can lead to unnecessary interest charges. A simple declaration to your employer can help ...

Form 16 is a TDS certificate issued by employers to outline the salary earned and TDS deducted on the same in a given fiscal ...

Form 13 is a facility that enables a salaried person or an individual taxpayer to avoid excess TDS deduction, and the ...

From UAN activation to Updated ITR filing, several important personal finance deadlines are approaching in March, 2025. Read ...

THIRUVANANTHAPURAM: The State GST (SGST) Department has asked government departments, agencies and local self-government departments to take note of the changes in GST-TDS return filing applicable ...