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...

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...

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...

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 ...