The error arises when rejected TDS entries are not amended by the deductor. Correcting the entry through Table 4 of GSTR-7 ...
This article outlines key GST and Income Tax resolutions for 2026. Following them helps taxpayers avoid penalties and stay ...
The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...
12don MSNOpinion
Budget 2026: Need for an overhaul of the TDS framework
Income-tax refunds have risen sharply from Rs. 1.92 lakh crore in FY21 to Rs. 4.76 lakh crore in FY25. A substantial portion ...
The government is working on classification of cryptocurrency as goods or services under the Goods and Services Tax (GST) law According to a PTI report, if the GST is imposed on the entire transaction ...
With TDS contributing nearly 42% of India’s tax collections, the government has begun simplifying the withholding tax system ...
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