In immovable property sale cases, NRIs may face both TDS and TCS depending on how the sale proceeds are handled.

'ZDNET Recommends': What exactly does it mean? ZDNET's recommendations are based on many hours of testing, research, and comparison shopping. We gather data from the best available sources, including ...

Will Kenton is an expert on the economy and investing laws and regulations. He previously held senior editorial roles at Investopedia and Kapitall Wire and holds a MA in Economics from The New School ...

This challan should be used for making payment of TDS/TCS by corporate and non-corporate deductors/collectors. In challan 281, Code 200 is used for TDS/TCS payable by taxpayer and Code 400 is for ...

Buying a property valued at ₹50 lakh and above? You must deduct and pay TDS before registration—keep reading. Advisory Alert: It has come to our attention that certain individuals are representing ...

Income Tax (I-T) department has released the latest list of banks which are mapped to e-Pay tax service at e-Filing Portal as you file your income tax return. The two banks which were lately added to ...

New regulations governing holiday pay and entitlement could come into effect for companies with a calendar holiday year in January. Samantha O’Sullivan of the Chartered Institute of Payroll ...

The government relies significantly on income tax as a revenue source. Moreover, it obligates taxpayers to fulfil their fiscal duties through timely payments. The process involves challans used for ...