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Tax Deducted At Source Tds
Business  /  Published 06.07.20

TDS forms seek more disclosures

The income tax department has amended the TDS form, making it more comprehensive and mandating deductors to state reasons for non-deduction of tax. According to the amended form, banks will also have...
By PTI in New Delhi

West Bengal  /  Published 09.07.19

Tea tax ripples in Bengal Assembly

Bengal Assembly Speaker Biman Banerjee has suggested a motion in the House to highlight the tea industry’s problems because of the Centre’s proposal to tax at source cash withdrawals exceeding Rs ...
By A Staff Reporter in Calcutta

Business  /  Published 14.05.20

Lower TDS on dividend

Dividend payout by corporates to their shareholders will have a 25 per cent lower tax deducted at source. Instead of 10 per cent, the TDS rate will be 7.5 per cent from May 14, 2020 to March 31, 2021....
By A Staff Reporter in Calcutta

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

Business  /  Published 30.01.20

Need to tweak dividend tax

Investors’ expectation from Union Budget 2020 is high, especially when the finance minister has already started taking measures to boost the economy. Corporate tax rates have been brought down to 22...
By Kaushik Mukerjee and Jai Soni in

Business  /  Published 02.02.20

E-retail worry

Amazon India and Flipkart are studying the budget proposal on the levy of one per cent TDS, and may reach out to the government for clarifications. “We are studying the details, and will reach out t...
By PTI in New Delhi

Business  /  Published 01.02.20

Carrot & stick policy

The budget has turned out to be a different tale for the start-up and e-commerce universe as it proposed a new levy of 1 per cent TDS (tax deducted at source) on e-commerce transactions.However, start...
By Our Special Correspondent in Mumbai

West Bengal  /  Published 19.10.19

TDS anxiety for tea gardens

Tea planters in Bengal have expressed concern over the sustenance of a number of gardens because of financial stress caused by low yields and high cost incurred by the Centre’s decision to impose a ...
By Avijit Sinha in Siliguri

Business  /  Published 23.07.19

Smoke over tax on withdrawals

Finance minister Nirmala Sitharaman on Tuesday said the 2 per cent TDS paid on cash withdrawals above Rs 1 crore in a year from multiple accounts at banks would be adjusted against the total tax dues ...
By Our Special Correspondent in New Delhi

West Bengal  /  Published 22.02.20

Planters: Tea Board of India denies Bengal funds

An association of tea planters in the plains of north Bengal has alleged that the Tea Board of India is depriving the industry in Bengal of funds and most of the allocations are for the BJP-ruled Assa...
By Our Correspondent in Siliguri


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