New Income Tax Bill 2025: The Lok Sabha on Monday passed the The New Income Tax Bill 2025 which is referred as The Income-Tax (No.2) Bill. It will replace the six-decade-old Income Tax Act, 1961. The ...
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TDS relief for salaried: From January 1, 2025 TDS statement will reflect the net TDS/TCS benefit on eligible income
From October 1, 2024 the government has made it mandatory for employers to give benefits of TDS/TCS deducted on non-salary income while computing TDS to be deducted from salary. Adjustment of tax ...
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