Income Tax

Rate of TDS for FY 2021-22

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tdsratesfy2021-22

Applicable Threshold limit as effective from 01/04/2021 from the Financial year 2021- 22 is as under: Section under which TDS is applicable Nature of Payment Cut Off Limit above which TDS is applicable Rate of TDS 192 Salary Income Income Tax Slab As per applicable slab according to old or new tax regime opted by […]

Income Tax

Revised TDS rates w.e.f 14.05.2020

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Revised TDS rates from 14.05.2020 to 31.03.2020 for FY 2020-21

In order to provide more funds at the disposal of the tax payers for dealing with the economic situation arising out of COVID-19 pandemic, the rates of Tax Deduction at Source (TDS) for the following non- salaried specified payments made to residents has been reduced by 25% for the period from 14th May, 2020 to […]

Income Tax

Extension of due dates for filing Quarterly TDS/TCS Statements for 4th Qtr of F.Y 2019-20

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The NSDL has issued a Circular No. NSDL/TIN/2020/006 dated April 20, 2020 to all TIN-Facilitation Centres (TIN-FCs) is hereby invited to the notification issued by Government of India (The Gazette of India) in view of COVID-19 outbreak. The copy of the notification is attached as Annexure. Vide aforementioned notification, all the due dates prescribed or […]