To avoid new TDS on interest above Rs 1 lakh how much should senior citizens invest in bank FD
For senior citizens, banks will now deduct TDS if interest amount exceeds Rs 1 lakh in a particular bank. However, with smart ...
Budget 2025 Expectations Highlights: FM Sitharaman to give income tax relief to salaried taxpayers? GDP growth, record capex in focus
Finance Minister Nirmala Sitharaman’s Union Budget 2025 speech on February 1, 2025 is being looked at to provi ...
Budget answers expectations, raises questions for Gulf NRI businesses
Bhavesh Talreja, Founder and CEO, Globale Media said the Union Budget 2025 presents both opportunities and challenges for the ...
Budget 2025 Expectations Highlights: Nirmala Sitharaman all set to present the budget, here is what sectors expect from the government
Finance Minister Nirmala Sitharaman will present the Union Budget on February 1. The halwa ceremony was held on January 24. The budget documents have been sealed and several sectors have multiple ...
Budget 2025 expectations highlights: What Indian industry wants from FM Nirmala Sitharaman's eighth budget
The Union Budget 2025, the second full budget of Modi 3.0 may bring a variety of changes such as income tax reforms, an increased focus on agriculture, and balancing between fiscal consolidation and e ...
Indiatimes13d
Union Budget 2025: TDS less tedious; TCS boost for trip abroad
However, it should be noted that there has been no change in the TDS rates, which, for example, in case of dividend is 10% and, for gig workers (professional services), is 10%. Certain finer ...
The Irish Times8d
Coalition leaders ‘very annoyed’ at letters from TDs in Lowry group pledging ‘case-by-case’ support
Letters sent by Independent TDs stating they will support the Government on a “case-by-case” basis have sparked annoyance at senior levels in Fianna Fáil and Fine Gael, leading to questions ...
The New Indian Express13d
Budget 2025: New norms for TDS, TCS introduced
BENGALURU: In a significant step to simplify the tax regime and also to reduce the compliance burden, the government has announced to reduce the number of TDS (tax deducted at source) rates.
Business Today13d
Income Tax Budget 2025 Live Updates: TDS limit for senior citizens on interest hiked to Rs 1 lakh from Rs 50,000
FM Nirmala Sitharaman said: "I propose to rationalize tax deductions at source (TDS) by reducing the number of rates and thresholds about which TDS is deductible. Further, threshold amounts for ...
Business Today22d
Fewer TDS rates can reduce compliance costs for taxpayers, says CEO of Dhruva Advisors
With the Budget set to be announced on February, there is a lot of speculation over the potential changes to the tax structure, with increasing demand from taxpayers for some relief. Dinesh ...
TheJournal.ie10d
Michael Healy-Rae claims opposition is trying to ‘muzzle’ TDs that support the government
Support from readers like you keeps The Journal open. You are visiting us because we have something you value. Independent, unbiased news that tells the truth. Advertising revenue goes some way to ...
moneycontrol.com13d
Boost to shareholders as budget doubles TDS threshold for dividend income to Rs 10,000
Finance Minister Nirmala Sitharaman in Budget 2025 hiked the Tax Deducted at Source (TDS) threshold for dividend income from Rs 5,000 to Rs 10,000 per financial year. The threshold for TDS in the ...