The updated TDS provisions reorganize multiple earlier sections into a simplified framework covering salary, resident ...
April 1, 2025, marks the beginning of the new fiscal year—FY 2025-26. As the new financial year begins, many new income tax laws take effect. It is important to take note of these new income tax laws.
Under Section 194IB of the Income Tax Act, 196, individuals and HUFs must deduct 2 percent TDS on rent if the monthly amount ...