Under income tax rules, when you buy a motor vehicle worth more than Rs 10 lakh, the seller is required to collect TCS at 1% ...

Car buyers purchasing vehicles above ₹10 lakh can reclaim 1% Tax Collected at Source (TCS) deposited by dealers. This amount, ...

The TCS amount will, by default, appear in the 'Taxes Paid' part of your ITR for the relevant financial year. All you have to ...

An individual whose total tax liability from non-salary income exceeds ₹10,000 after accounting for TDS and TCS must pay ...

Nexus Venture Partners closed its eighth fund to widen its AI and software portfolio across India and the US. This and more ...

PAN-Aadhaar linking deadline is December 31, 2025. PAN will become inoperative if not linked, affecting tax returns and refunds.

If you’ve recently bought a new car costing more than ₹10 lakh, or you’re planning to buy one soon, there’s an important ...

With multiple tax compliances due this month, December demands careful attention from individuals and businesses alike. These ...

- HR's shadow looms larger here, with 'random check-ins' that probe for litigious risks and a sudden obsession with ...

Stay compliant this December with key Income Tax and GST due dates. Learn the deadlines for TDS, Advance Tax, GSTR-1, GSTR-3B, and GSTR-9/9C to prevent penalties and ...

If you are still waiting for FY25-26 refund, it is expected to be released by December. The one thing you can do is to regularly log into your tax account on the website and check if there is anything ...

Tax practitioners attribute the slump to a combination of delayed ITR form releases, tighter verification rules, and ...