Decoding The Budget: Take A Look At 10 Key Budget Terms Crucial For Taxpayers
Let's break down some key terms to make sense of the upcoming budget and understand what lay taxpayers can expect.
Jan 28, 2024, 09:36 AM IST
Tax Collection at Source Raised To 20% Under LRS Scheme: What It Means for Students Studying Abroad
Let’s delve into the implications of the new TCS rule on students who are currently pursuing or planning to pursue education in foreign universities and schools.
Jun 02, 2023, 18:07 PM IST
Government removes 1% tax on cash payments of over Rs 2 lakh
The government has done away with the 1 percent tax on cash payments of over Rs 2 lakh for purchase of any goods or service after it banned cash dealings above that limit from April 1.
Mar 23, 2017, 20:40 PM IST
1% TCS on cash buy not to apply on embassies, UN bodies, Govt depts
Government department, embassies, consulates and UN bodies will be among those exempted from the levy of 1 percent tax collection at source (TCS) on cash purchases of above Rs 2 lakh, CBDT said Monday.
Aug 22, 2016, 15:16 PM IST
