TDS & TCS RATE WITH SECTION AS PER INCOME TAX ACT 2025 VS INCOME TAX ACT 1961
Codes 1001–1092 — Applicable for transactions on or after 1 April 2026 — Tax Year 2026-27 under the Income-tax Act, 2025 ...
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Codes 1001–1092 — Applicable for transactions on or after 1 April 2026 — Tax Year 2026-27 under the Income-tax Act, 2025 ...
Read More →In the context of the Indian Income Tax Act, 80G and 12A (often referred to as 12AA or 12AB) are the two...
Read More →CCFS-2026 refers to the Companies Compliance Facilitation Scheme, 2026, a one-time compliance-relief initiative launched by the Ministry of Corporate Affairs (MCA), Government...
Read More →Under the Income-tax Act, 1961, taxation of crypto assets is governed by Section 115BBH and related provisions. 1️⃣ Flat 30% Tax on...
Read More →As of 2026, here are the primary benefits and rules for opting into this scheme: 1. Lower Tax Rates Instead of the...
Read More →Under the GST Composition Scheme, taxpayers are required to file one annual return known as Form GSTR-4. While you pay your taxes...
Read More →For the Financial Year 2025-26 (Assessment Year 2026-27), Below is a summary of the current TDS rates for the most common transactions...
Read More →The responsibility to deduct and deposit tax actually falls on buyer, not the seller. Here is the breakdown of the rules for...
Read More →Under the Companies Act, 2013, depreciation is governed by Schedule II. Unlike the Income Tax Act (which uses fixed percentages), the Companies...
Read More →he Union Budget 2026-27, presented on February 1, 2026, introduced a significant overhaul of the Minimum Alternate Tax (MAT) framework. The primary...
Read More →In 2025, India’s rental landscape has shifted toward a more digital, transparent, and tenant-friendly framework. These changes are largely driven by the...
Read More →In the Old Tax Regime, perquisites (often called “perks”) are non-cash benefits provided by your employer. While most perks are taxable, the...
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