Post office savings schemes are popular because of government backing, regular returns, and easy availability. None of them, however, is tax-free. Some schemes attract TDS (Tax Deducted at Source) ...

Currently, the TDS framework is riddled with challenges — wrong deductions, frequent mismatches, and endless reconciliation during tax filing. These errors often result in frustration for both ...

Broad Scheme of TDS from Salary Section 192 of the Income-tax Act prescribes for tax deduction at source out of payments representing any income chargeable to tax under the head S ...

Have questions about income tax? We break down key tax rules on topics like gifting money to a spouse, TDS on property purchases, and capital gains on the sale of gifted jewelry.

New Delhi: The crypto investment frenzy seems to be a bit on the decline in India after the imposition of several taxes and cess by the government on the returns generated from the crypto investment.

While the new Income-tax Act promises clarity and simplicity, several procedural rules remain stuck in the past. Expert warns ...