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TDS limit raised for seniors, rents and remittances

Finance Minister Nirmala Sitharaman on Friday proposed to double the limit for Tax Deduction at Source (TDS) on interest income for senior citizens to Rs 1 lakh, and also increase the threshold to......

100 missions in next 5 years? Why not, says ISRO

ISRO may have taken 46 years to achieve the 100-mission milestone but the country's space agency is now confident of scoring the next century in relatively quicker time--half a decade. IMAGE: ISRO......

SC summons CS, fin secretaries of 16 states over pay report non-compliance

The Supreme Court on Thursday summoned the chief secretaries and finance secretaries of 16 states for non-compliance with the Second National Judicial Pay Commission recommendations on the payment......

CBI books Oxfam India for FCRA violation, searches its office

The Central Bureau of Investigation (CBI) registered a first information report (FIR) against Oxfam India and its office-bearers for alleged violation of the Foreign Contribution (Regulation) Act......

Home ministry recommends CBI probe into NGO Oxfam India

The Union home ministry on Thursday recommended a Central Bureau of Investigation probe into the affairs of the Indian arm of the global NGO Oxfam for alleged violation of the Foreign Contribution......

Big relief in TDS deduction on rent from Rs 20K to Rs 50K per month

In a major relief for taxpayers, Finance Minister Nirmala Sitharaman on Saturday announced an increase in the threshold for Tax Deduction at Source (TDS) on rent from Rs2.40 lakh per annum to Rs6......

No Of Nil Tax Returns Nearly Doubles In 5 Years

ITRs with zero tax liability have increased to 55.7 million in FY25. Kindly note the image has been posted only for representational purposes. Photograph: Kind courtesy Nataliya......

Budget sets a comprehensive blueprint for India's economic growth

Finance Minister (FM) Nirmala Sitharaman has presented a forward-looking Budget, reinforcing the government’s commitment to 'Reform, Perform, and Transform’. Photograph: Rahul......

Govt extends time limit for filing updated returns

Finance Minister Nirmala Sitharaman on Saturday announced extension of the time limit for filing updated returns for any assessment year. Union Budget 2025: Complete Coverage IMAGE: Kindly......

FM unveils simpler tax law, middle class gets relief

Finance Minister Nirmala Sitharaman on Saturday unveiled 'transformative' tax reforms that ranged from a simpler income tax law to higher TCS threshold for remittances and income tax benefits for......

'India can reach top-50 of FIFA rankings in next 10 years'

'India boasts one of the largest pools of young talent globally. The focus should be on grassroots, talent identification.' IMAGE: The Indian football team is ranked 127th in the latest FIFA......

NCLT notice questions Byju's grade over BCCI petition

IMAGE: BCCI's counsel informed NCLT that a general notice was issued to Byju's through an e-mail dated January 6, 2023, with a default amount of Rs 158 crore, excluding TDS. Photograph: BCCI/X......

Wenger in India to help football development

IMAGE: AIFF President Kalyan Chaubey and Satyanarayan M, Acting SG, AIFF, welcome Arsene Wenger, Chief of Global Football Development, FIFA and FIFA TDS Team at the Football House in New Delhi on......

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