TDS Filing Online: Late filing of TDS return attracts a fine of Rs 200 per day till the TDS return is filed. TDS Online Return Filing: Tax deducted at source (TDS) as the name suggests is the amount ...

ITR: If you are a salaried individual, Form 16 is a crucial document for filing the income tax return (ITR). Employers are required to file their e-TDS return for the January–March quarter by 31 May.

Tax Deducted at Source (TDS) is a crucial taxation mechanism that ensures that taxes are collected from the source of income. It acts as an advance tax that is deducted by the payer while making ...

As the financial year draws to a close, many salaried employees are preparing to receive their Form 16, a crucial document for filing Income Tax Returns (ITRs). Form 16, which details salary income, ...

TDS and TCS are vital mechanisms under the Indian tax system for early tax collection. TDS involves payers deducting tax on payments like rent and salary, while TCS requires sellers to collect tax on ...

Commuted pension received from certain notified pension funds, like LIC Pension Fund, will now be fully tax-free. (Representational Image: X) The new Income Tax Bill will replace many of the existing ...

Banks or financial institutions deduct TDS on fixed deposits when the interest earned exceeds certain thresholds. September 15, 2025, last date for submitting the Income Tax Returns (ITRs) for the ...

ITR filing FY 2024-25: It’s that time of the year when every taxpayer gets together documents to file their income tax return. This year the last date of filing the income tax return has been extended ...