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

Signed by the President on 21 August 2025, the New Income Tax Act focusses on cleaning up the tax code by removing obsolete ...

This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

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

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.