Fast-track high-value tax disputes, revamp TDS rules: CII to govt

CII noted that tax litigation continues to burden businesses, with more than five lakh appeals involving nearly ₹18 lakh ...
Mint

Did you know you have to pay TDS on large cash withdrawals from a bank? We explain

Did you know that an excess amount of cash withdrawal from a bank or post office can lead to deduction of TDS? This deduction kicks in when the sum withdrawn is higher than the permitted threshold.
Business Today

‘Taxpayers paying twice...’: Expert flags TDS credit anomalies under new Income Tax Act

The landmark Income-tax Act, 2025, which replaced the six-decade-old 1961 law, promised simplicity by eliminating provisos and explanations. But according to O.P. Yadav, former Principal Commissioner ...
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New Tax Bill 2025: No Nil TDS certificate for all taxpayers including NRIs; What does it mean for Indians and NRIs?

It seems that due to deletion of two words – ‘no deduction’ in the proposed new Income Tax Bill 2025 will result in removal of the concept of ‘nil TDS’ certificate for both Indian taxpayers and ...