This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...

According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.

If your bank has deducted tax on your FD interest, that money may still be yours. You just need to know how to get it back.

Senior citizens in India who have zero tax liability have received a major compliance relief. A recent procedural ...

Union Finance Minister Nirmala Sitharaman on Saturday announced sweeping changes to India’s income tax framework, with a strong emphasis on easing TDS and TCS compliance.