Tax Collected At Source Tcs
Business  /  Published 28.10.21

Tax form to grab more disclosures

High-value financial transactions and additional information like foreign remittances, off market transactions, information about purchase of mutual funds among others would be reflected in the Form 2...
By Our Special Correspondent in New Delhi

Business  /  Published 05.07.21

New TDS rule to strengthen data reconciliation

Effective from July 1, certain new TDS/TCS provisions are applicable along with the existing compliances on TDS/ TCS. These provisions cast an obligation on businessmen to deduct or collect taxes at t...
By Dinesh Agarwal, Chetan Mehta

Business  /  Published 30.05.20

Ordinance on lower TDS rates

Union minister of state for finance Anurag Thakur on Saturday assured industry that the government is working on an ordinance to introduce lower rates of TDS and TCS amid concerns over delay in issuin...
By A Staff Reporter in Calcutta

India  /  Published 01.02.20

‘Monitor’ tax on foreign trip

The Union budget has imposed a 5 per cent tax on foreign travel packages bought from tour operators with effect from April 1, 2020.Tour operators are liable to charge the amount as TCS (tax collected ...
By Sambit Saha in Calcutta


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