As part of the Finance Bill 2024, several significant changes to the Tax Deducted at Source (TDS) framework have been introduced, and they took effect on October 1, 2024. These changes aim to simplify compliance, ease the tax burden on individuals and businesses, and enhance transparency in various financial transactions. […]
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Income Tax Outstanding Demands Waived Effective February 2024
Hey everyone! I’ve got some exciting news for all you taxpayers out there. Guess what? The government has come up with a plan to make some of your outstanding income tax bills vanish into thin air, starting from February 2024. Yup, you heard it right – you might not have […]
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