Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...

The issue was confusion over whether manpower supply attracted contractor TDS or technical services TDS. The amendment clarifies it as work, ensuring lower and uniform TDS rates from April ...

Budget 2026 is expected to introduce major reforms including a GST-like overhaul of Customs Duty, simplified TDS rules and ...

Companies are urging for the removal of tax deduction at source (TDS) and tax collection at source (TCS) on GST transactions in Budget 2026 to simplify compliance and reduce costs.

Budget 2026 should prioritize reforms in withholding taxes, dispute resolution, and customs procedures to enhance ease of ...

Anticipate major reforms in the Union Budget 2026-27, focusing on customs, TDS, debt management, and individual tax relief.

The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...

TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where ...

The government is working on classification of cryptocurrency as goods or services under the Goods and Services Tax (GST) law According to a PTI report, if the GST is imposed on the entire transaction ...

With TDS contributing nearly 42% of India’s tax collections, the government has begun simplifying the withholding tax system through higher thresholds and removal of overlapping provisions.