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TCS-TDS Rule: Govt has completely changed the draft of TDS-TCS, know how the new rules will affect you

Summary by rightsofemployees.com
TCS-TDS Rule Change: Finance Minister Nirmala Sitharaman has introduced the Income Tax Bill 2025 in Parliament, proposing significant changes in the rules related to Tax Deducted at Source (TDS) and Tax Collected at Source (TCS). The aim of this bill is to simplify the tax deduction and collection process, making compliance easier for common taxpayers, businesses and tax professionals. Currently, there are many complex sections of TDS and TCS, d…
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rightsofemployees.com broke the news in on Thursday, February 20, 2025.
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