TDS Rules Change for High Rent Payers: New Agreements Now
– Advertisement – The new Rent Rules 2025 will make renting easier and safer. Online registration, notices for rent increases, repair regulations, and TDS on rents above ₹50,000 will now be mandatory. Also read | EPFO UAN Guide: Delink Incorrect Member ID in 7 Steps New TDS Rule: The government has implemented the New Rent Rules 2025 […]
TDS Deducted on Dividend Below Exemption Limit? Here’s How to Claim Refund Easily
– Advertisement – Income Tax: Under Section 139 of the Income Tax Act, if a person’s total taxable income exceeds the exemption limit before claiming deductions, then he is required to file Income Tax Return (ITR). Even if the income is less than this limit, a person can voluntarily file a return Investing in shares […]
CBDT issued circular: For TDS deduction in 2023-24, salaried taxpayers will have to choose option in new or old tax regime
Income Tax Regime: The financial year 2023-24 has started. Employers are going to seek information from their employees whether they will adopt the new income tax regime or the old tax regime. In such a situation, CBDT has issued a circular regarding the modalities of TDS deduction in 2023-24, in which it has been said […]
TDS Calculation: After retirement from government job, doing private job? Know how much TDS will be deducted on salary
Whether your sources of income are more or less, if your total income is taxable i.e. comes under the tax net, then you will have to pay tax, this is the thumb rule of taxation. Yes, you can get some rebate. At the same time, there are some rules regarding TDS i.e. tax deducted at […]
Big News! TDS will not be deducted for withdrawing money from EPF account, these 5 formulas have to be applied
Whenever you change jobs, do not think of withdrawing money from EPF or withdraw money. It would be good to transfer the EPF money of the previous company to the new company. This will save you from huge tax losses. You must have heard about Employee Provident Fund i.e. EPF that there is tax exemption […]
CBDT extends deadline for submission of Form 26Q for TDS on non-salary transactions till November 30
CBDT: The deadline for submitting this form for the July-September quarter of the financial year 2022-23 was to end on October 31. But, now it has been extended for a month. The Central Board of Direct Taxes (CBDT) has extended the deadline for furnishing quarterly TDS details in Form 26Q for the second quarter by […]
Big News: TDS filing date extended, now details can be given till 30 November
The Central Board of Direct Taxes (CBDT) has extended the deadline for filing quarterly TDS details in Form 26Q for the second quarter by a month to November 30. New Delhi. The Central Board of Direct Taxes (CBDT) has extended the deadline for filing quarterly TDS details in Form 26Q for the second quarter by […]
SpiceJet Increased salary of employees by 20 percent, hopes to pay TDS soon
SpiceJet on Thursday decided to increase the salary of Captain and Senior First Officer by 20 percent. It was told by the company that this decision will be applicable from October. According to the report of news agency PTI, the company’s promoter Ajay Singh had said on Wednesday that the company would deposit the TDS […]
ITR TDS Refund: TDS refund not yet received after filing return, check online like this
ITR TDS Refund: For the financial year 2021-22, most people have filled ITR ie Income Tax Return. Although the last date for filing income tax return is 31 July 2022, but after this date, those who have filed ITR, those people will have to file ITR with penalty. Explain that after filing ITR, TDS refund […]
TDS Status : How to Check TDS Status by PAN Card?, Know here step-by-step process
How to check TDS Status: Many times many people have doubts about TDS in their mind. At this time a person has many sources of income. In such a situation, his TDS keeps deducting in all of them and he is not aware of it. Some people do not file returns, due to which they […]
How to file TDS refund claim after missed ITR filing, check details
TDS means Tax Deduction at Source. If TDS is deducted on interest, salary, rent etc. of bank deposits, then you would know that the way to withdraw it or get refund is to file Income Tax Return (ITR). But those who could not file ITR on time, how can they get TDS refund? Income tax […]
ITR Filing: TDS is deducted on FD, so claim it while filling ITR, see how to calculate
ITR Filing: You have a total of three days, including today, to file ITR. In such a situation, you will have to do many calculations so that you provide correct information about your income to the Income Tax Department. This income can be your salary, interest from savings account or FD interest. It is worth […]
TDS Return Filing: Delay in TDS return filing will be heavy, penalty may be up to 1 lakh, know here details
ITR Date Increased : Income Tax Department may extend the date! Detailed deadline for filing ITR TDS Return Filing: TDS return filing is a quarterly statement given by the Income Tax Department. Once the TDS return is submitted, its details come in Form 26AS. The Income Tax Department levies penalty for late filing of TDS […]
New rule issued regarding tax return, if income from TDS and TCS exceeds 25 thousand then it is necessary to file return
The government has changed the rules of income tax. If the income from Tax Deduction at Source (TDS) and Tax Collection at Source (TCS) of an individual exceeds Rs 25,000 in a financial year, then filing of return has been made mandatory for him. According to the new rule, if the income of an individual is less […]
TDS Return: Know important things before filing TDS return, otherwise your claim may be rejected
TDS Return Filing: When a person pays someone and deducts some percentage of it as tax, then it is called TDS i.e. Tax Deducted at Source. It is sent to the account of the government by the person paying the tax. TDS is the tax from where income is generated. The last date for […]
TDS Return Big Alert ! Tax payers did not do this work, then a fine of 1 lakh would be imposed
TDS Return Latest Update: You will know the last date of filing income tax, if you do not know, then we tell. The last date to file ITR is 31st July. Have you forgotten to file Tax Deducted at Source (TDS) return? If you have not filed the TDS return then you will have to […]
TDS Statement: How to Upload TDS Statement on Income Tax Portal, know here complete guide
TDS Statement: How to Upload TDS Statement on Income Tax Portal, know here complete guide TDS Statement: TDS is the tax deducted by the payer at the time of payment. The last date to file TDS return for the first quarter of the ongoing financial year is 31 July 2022. […]
TDS Update: If you want to avoid late fee of Rs 200 and fine of Rs 1 lakh, then file TDS return on time
TDS Update: If you want to avoid late fee of Rs 200 and fine of Rs 1 lakh, then file TDS return on time TDS Update: The month of July is special for income tax payers in many ways. There is a rush to file income tax returns this month, so filing of TDS, TCS […]
Big change in the rules for filing ITR: TDS / TCS is more than ₹ 25,000, so now it is necessary to fill ITR
ITR Filing New Updates: There is a very important news regarding income tax return filing. The government has made changes in the Income Tax Rules from 21 April 2022 for filing tax returns. To bring more and more people under the tax net, the government has expanded the scope of income tax filing. Now people […]
TDS Claiming Process: If TDS is deducted more then immediately claim for refund
TDS Claiming Process: If your TDS has been deducted too much, then know that you can get your full money back. Actually, TDS means Tax Deduction at Source, which is deducted from your salary every month. Even if you do not fall in the tax slab, your TDS is deducted every month. Actually, the employer has to deduct […]
ITR Filing Big Update: If you also deduct TDS, then know which ITR form has to be filled correctly
ITR Filing Big Update: ITR-1 is the easiest form among the various Income Tax Return forms issued by the Income Tax Department. At times, ITR-1 is filed as a standard ITR form by taxpayers without understanding their eligibility to file the correct ITR form. This must have been due to various misconceptions especially with regard […]
EPFO has issued new guidelines, big update on limit-tax including TDS, know details
EPFO New Guideline: Employees’ Provident Fund Organization (EPFO) has issued new guidelines on tax deduction for private sector employees who contribute more than 2.50 lakh to retirement savings accounts every year. . The EPFO said in a circular that the tax limit for EPF contribution for government employees would be Rs 5 lakh per annum. […]
