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Income tax rule: Do you need to deduct TDS if monthly rent exceeds ₹50,000? Here's the clear answer
The Indian Income Tax Act lays down specific rules for deducting TDS (Tax Deducted at Source) on rent payments, especially when rent crosses a certain limit. Many landlords and tenants remain confused ...
Non-resident Indians (NRIs) selling property face significant fund blockage due to complex tax regulations, urging for ...
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New TDS And TCS Rules: New rules will be implemented from April 1, know the new rules, or else there will be trouble
New TDS and TCS Rules: The government had announced changes in the rules of TCS and TDS in the Union Budget. These new rules will come into effect from April 1. If you live in a rented house or are a ...
EY expects significant changes in the direct tax framework, particularly to ensure a smooth transition to the New Income Tax Act, 2025. It has called for detailed guidelines and FAQs to reduce ...
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