According to the new rules, you will be able to claim your TDS refund even if you file your income tax return late.
This proposal is important as excess tax deduction at source (TDS) creates liquidity challenges for small taxpayers. They have to wait for refunds after filing their returns. For instance, a ...
The issue was prolonged misuse of correction statements due to no statutory deadline. The law now enforces strict timelines, making accurate original filing ...
ET Wealth Reader's Query: Is it possible to file an income tax return (ITR) for a deceased family member (mother or father) ...
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 deducted and file e-TDS returns.
Opinion
15don MSNOpinion
Employees with foreign income get less gross take home salary due to higher TDS as employers can’t apply FTC; Why Budget 2026 must fix this
Employees earning foreign income face higher tax deductions. This happens because employers cannot apply foreign tax credits during monthly TDS. Budget 2026 is urged to introduce a mechanism for this.
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