In case of an NRI property seller in India, the buyer is responsible for withholding a tax, known as TDS, before making payment for the property. Awareness of the TDS procedure will enable a smoother ...

Budget 2025 doubles the TDS threshold on interest income for senior citizens from ₹50,000 to ₹1 lakh. Learn how this impacts cash flow, tax compliance, and whether it reduces tax liability. Read exper ...

Food delivery giant Zomato has introduced a new feature enabling its delivery partners to claim refunds on tax deducted at source (TDS) by filing an Income Tax Return (ITR). This initiative marks ...

The app allows users to view the TDS, income tax refund, and more information. Here’s how to download and use your smartphone's new AIS for Taxpayers app. The Income Tax (IT) department recently ...

You will be required to deduct tax at source at 12.5% (plus applicable surcharge and cess) on the long-term capital gains when paying the non-resident individual.