Latest Tax Updates, News, Articles & Notifications
Block Assessment in case of Search Proceedings Re-introduced in the Budget 2024: 1. There is a radical change brought in Chapter XIV-B pertaining to conducting the assessment proceedings in consequent … Read More
TDS on Partner’s Remuneration introduced in the Budget 2024: Introduction: 1. Budget 2024 proposes a deduction of TDS @ 10% on payment by a partnership firm or a LLP to … Read More
The Budget 2020 has announced to abolish the Dividend Distribution Tax (DDT) payable by Indian Companies and restoring the classical system of Taxing Dividends in the Shareholders’ Hands. This was … Read More
The Finance Act 2020 has reintroduce the old system to tax dividend in the hands of shareholders and has removed Dividend Distribution Tax on Companies and exemption under section 10(34).
Rates of TDS applicable for Financial Year 2020-21 Assessment Year 2021-22.
A. Individual Tax Slab Rates Finance Act 2020 has given choice to Individuals & Sole Proprietor Business and Profession to chose between a New Slab Rates or Continue with old … Read More
