Tax and investment consultant Subhash Lakhotia gives a detailed explanation on the new section in the Income Tax Act of 1961- TDS on transfer of immovable property. Advisory Alert: It has come to ...

Manoj Purohit, Partner at BDO India’s Tax and Regulatory Services, commented that this change addresses a long-standing need from senior citizens. The increase in the withholding tax limit will allow ...

In the Budget speech, Sitharaman said the move to increase the annual limit for TDS on rent from Rs 2.40 lakh to Rs 6 lakh ...

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 ...

Ahead of the Budget 2025-26, there are expectations that Union Finance Minister Nirmala Sitharaman would ease norms related to the tax deducted at source (TDS) that currently has a complicated structu ...