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In India, one of the major components of income tax is tax deducted at source, or TDS. In order to prevent tax evasion and guarantee a...

Certain notified persons under GST must deduct TDS at 2% from payments made to the supplier of taxable goods and/or services. This...

You might be curious about the varying prices of your preferred rice brand in different retail outlets. The Goods and Services Tax...

The Union Budget 2025, presented by Finance Minister Nirmala Sitharaman, has been called a ‘People’s Budget’ by Prime Minister Narendra...

The Finance Act of 2021 introduced Section 194NF of the  Income Tax Act of 1961 , which became operative on April 1, 2021. The taxation...

All Indian nationals who earn more than a certain amount are required by the country's tax laws to pay taxes at the current tax slab...

Section 194N of the Income Tax Act was launched to dissuade cash transactions and foster the objective of Digital India. This initiative...

Virtual digital assets (VDAs) are reshaping the financial landscape, offering revolutionary investment opportunities while challenging...

India is all set to take its tax identification system to the next level with the introduction of PAN 2.0. This ambitious project,...

You, as a taxpayer, pay taxes on the total amount of money you make within a fiscal year. When a person pays more in taxes than they are...