Section 194H of Income Tax Act – TDS Rate on Brokerage & Commission
Tax Deducted at Source (TDS) is a vital mechanism in India’s taxation framework. By ensuring that taxes are collected at the very source of income, it reduces the chances of…
Tax Deducted at Source (TDS) is a vital mechanism in India’s taxation framework. By ensuring that taxes are collected at the very source of income, it reduces the chances of…
India’s Goods and Services Tax (GST) system has entered a new era with the rollout of GST 2.0 in September 2025. One of the most significant changes under this reform…
When it comes to income tax filing in India, one of the most common points of confusion for taxpayers is understanding the difference between assessment year and financial year. According…
India’s tax system just got its boldest makeover since the launch of the Goods & Services Tax (GST) in 2017. Dubbed GST 2.0, this set of sweeping reforms announced by…
For most people, tax season ends once the return is filed. But the real anxiety begins when an unexpected income tax notice lands in the mailbox. Even a small error—like…
The Lok Sabha has passed the revised Income Tax (No. 2) Bill, 2025, marking the most significant overhaul of India’s direct tax laws in over six decades. This new legislation…