Check out 5 big announcements on direct tax by FM Nirmala Sitharaman as she presented her 9th consecutive Budget.

As part of the changes, the tax filing deadline for non-audit trusts has been extended to August 31, while the due date for salaried taxpayers remains unchanged at July 31.

TDS Filing Online: Late filing of TDS return attracts a fine of Rs 200 per day till the TDS return is filed. TDS Online Return Filing: Tax deducted at source (TDS) as the name suggests is the amount ...

The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...

The Central Board of Direct Taxes (CBDT) on Thursday extended the deadline for filing quarterly TDS statement in Form 26Q for the June quarter by a month till November 30. Form 26Q is used for ...

Two Budget proposals aim to simplify TDS processes for investors and small taxpayers, reducing hassle and improving ...

According to the advisory, the correction statements for TDS and TCS can only be filed for Q4 of FY 2018-19 up to Q3 of FY 2023-24 until March 31, 2026. Earlier, the 6-year duration permitted for the ...