Wednesday, May 13, 2020

TDS / TCS Rates reduced 25% till March 31, 2021: Finance Minister

In order to provide more funds at the disposal of the taxpayers, the rates of Tax Deduction at Source ( TDS ) for non-salaried specified payments made to residents and rates of Tax Collection at Source (TCS) for the specified receipts shall be reduced by 25% of the existing rates. The Finance Minister Nirmala Sitharaman […]

from Taxscan | Simplifying Tax Laws https://ift.tt/2T2dEFg

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