Budget 2026: Companies seek elimination of TDS and TCS on GST-covered transactions

Current TDS/TCS system poses a compliance challenge for companies, with rates varying from 0.1% to 35%, say tax experts ...

Budget 2026: Major customs overhaul likely as government plans easier TDS and tax relief

Budget 2026 is expected to introduce major reforms including a GST-like overhaul of Customs Duty, simplified TDS rules and ...

Economic Survey’s ‘real-time TDS’ pitch: faster credits in 26AS, better cash returns

Economic Survey suggests real-time TDS remittance by banks instead of batches, and a treasury manager to invest short-term ...

Union Budget 2026-27: Customs overhaul, TDS rationalisation among key expectations

Finance Minister Nirmala Sitharaman is set to present the Union Budget 2026-27, with expectations of a Customs duty overhaul ...

Will Budget 2026 fix NRI exit barrier? Experts call for simplified TDS rules on property sale

If the seller is a NRI, taxes are withheld at a higher rate, and the buyer is also required to obtain a TAN, deposit the tax ...
Tax Guru

Time Limitation for Rectification of TDS/TCS Statements: A Paradigm Shift in Compliance

The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...

Will 30% tax on cryptocurrency see a reduction in Budget 2026? Here’s what experts think on income tax, TDS and loss set-off rules on VDAs

India's crypto community eagerly awaits Budget 2026. Investors and experts hope for a fairer tax regime for Virtual Digital ...