https://www.wcanadagoosecheap.com Mar 25, 2020 08:48 AM IST Finance Bill 2020 changes rules on TDS, NRIs and dividends TDS for withdrawal from banks has been made stringentMar 19, 2020 02:09 PM IST Taxes Will the CBDT fill the gaps in a timely manner? While officials have assured that any refund (sans interest) arising pursuant to the Vivad Se Vishwas Act would be granted within 'reasonable time', it would be good if the CBDT can provide clarity on the timing issue of such refund and adjustment against any tax payable under the Act.Feb 17, 2020 07:46 PM IST TDS adds undue compliance burden for e commerce platforms: IAMAI The government, in the Budget, announced a new levy of 1 per cent TDS (tax deducted at source) on e commerce transactions, which is to be collected from the sellers by the e commerce companies.Feb 03, 2020 04:21 PM IST DDT abolished Here's how it will affect HNIs choosing dividend option in MFs The Finance Bill 2020 contains a provision that the mutual funds need to deduct tax at source (TDS) at 10 percent if the dividend payout is more than Rs 5,000Dec 11, 2019 09:10 AM IST Income tax benefits on medical treatment and health insurance Premiums paid/reimbursed by the employer are tax free perquisites for the employeeSep 11, 2019 12:58 PM IST Centre may not apply new TDS rules to some sectors Officials said the government is considering providing relief to some sectors which mostly deal in cashSep 11, 2019 09:38 AM IST Be aware of the taxes to pay while buying, selling or letting out a house Carefully preserve the records of your financial transactions relating to the house property, proof of payments, sources of investment etc.Aug 30, 2019 09:25 PM IST 2% TDS on cash withdrawals of over Rs 1 cr from September 1: Tax dept The government had made the provision of levying 2 per cent TDS on cash withdrawals exceeding Rs 1 crore in the Union Budget with an aim to discourage cash transactions and move towards less cash economy.Aug 19, 2019 01:48 PM IST Friendlier I T interactions in the works as dept eyes image makeover: Report In the new approach, text messages similar to those used for TDS updates will be sent to taxpayers, rather than jargon heavy, intimidating noticesJul 31, 2019 09:22 AM IST Budget 2019 tweaks taxes on insurance maturity proceeds The rate of TDS shall be 5 per cent and it shall be deducted on the 'income' portion and not on the entire amount.Jul 18, 2019 09:30 PM IST Cash withdrawal from multiple accounts to be aggregated for levying 2% TDS The amendment, along with 28 others, were approved by a voice vote by the Lok Sabha, which passed the Finance Bill 2019.Jul 10, 2019 09:15 AM IST Changed jobs? Report all salaries and pay taxes Any discrepancy in taxes deducted should be notified to the respective employer for making the necessary rectificationJul 09, 2019 10:11 AM IST Budget 2019: TDS to now be paid on parking charges, maintenance fees while purchasing property The confusion earlier was whether TDS was to be deducted on the basic selling price of the property or whether it was to be paid on the total amount inclusive of miscellaneous charges such as parking, maintenance. This has now be clarified in the BudgetJul 05, 2019 01:43 PM IST Budget 2019: Aadhaar card can be substitute for PAN; tax levied on large cash withdrawal Aadhaar number would suffice to file income tax. Withdrawal in excess of Rs 1 crore to attract 2 per cent TDS..
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