The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under GST law. As per the Central GST (CGST) Act, the ...
EY has urged the government to simplify the tax deducted at source framework by sharply reducing the number of rates and ...
This update explains the major GST and income-tax reforms introduced during 2025. It highlights how simplified rates, faster refunds, and revised tax slabs reduce compliance stress and improve ...
Tax Collected at Source (TCS) is applicable at a rate of 1% for both intrastate (0.5% CGST and SGST each) and interstate (1% IGST)net taxable supplies under GST. Tax Deducted at Source (TDS) is ...
GST has been rolled out from July 1, 2017, and transformed India into a 'one nation, one tax'. The revenue department has decided to keep in abeyance GST provisions relating to reverse charge ...
The Ministry said that persons who will be liable to deduct or collect tax at source will be required to take registration, but the liability to deduct or collect tax will arise from the date the ...
The Central Board of Indirect Taxes and Customs (CBIC) has put up a number of tweets regarding the last due date for filing GSTR returns under various categories. GST Returns: From TDS, e-commerce ...
The government has extended the due date of filing tax deducted at source (TDS) returns under GST laws for the October-December period till January 31, 2019. The TDS provisions under the goods and ...
New Delhi, Jun 26 () The revenue department has decided to keep in abeyance GST provisions relating to reverse charge mechanism, tax deducted at source (TDS) and tax collected at source (TCS) for ...