Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...
Budget 2026 is expected to introduce major reforms including a GST-like overhaul of Customs Duty, simplified TDS rules and potential increases in standard deduction. Multiple sectors, including ...
The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...
Companies are urging for the removal of tax deduction at source (TDS) and tax collection at source (TCS) on GST transactions in Budget 2026 to simplify compliance and reduce costs.
TDS deductions on gross receipts severely strain working capital in sectors like real estate, infrastructure, and BPO, where ...
India’s tax laws are adapting to platforms, creators, and cross-border digital services. This piece explains how income-tax provisions, equalisation levy, and GST rules attempt to capture digital ...
The government is working on classification of cryptocurrency as goods or services under the Goods and Services Tax (GST) law According to a PTI report, if the GST is imposed on the entire transaction ...
Budget 2026 should prioritize reforms in withholding taxes, dispute resolution, and customs procedures to enhance ease of ...