TDS Mandatory on Property Purchase from NRI Seller
Buying property in India from an NRI? Learn why TDS deduction is mandatory regardless of the seller's income or capital gains amount. Avoid hefty penalties and legal liability.
Buying property in India from an NRI? Learn why TDS deduction is mandatory regardless of the seller's income or capital gains amount. Avoid hefty penalties and legal liability.
Income Tax Department freezes Lulu Mall Lucknow's bank account for failing to deposit TDS. Action follows a ₹1.5 crore demand. Read the full story.
NRIs, learn the tax implications of being a joint holder on parents' Indian bank accounts and the online procedure to apply for a nil TDS certificate when selling property in India. Expert advice inside.
Missed declaring deductions to your employer? You can still claim them in your belated ITR until Dec 31. Experts explain the process, key sections, and pitfalls to avoid for a smooth refund.
Rajya Sabha MP Balbir Singh Seechewal's year-long drive cleans Buddha Dariya, reducing TDS from 2000 to 160. The campaign now moves into city areas. Read about the challenges and achievements.
Returned NRI wants to gift money from foreign account to daughter abroad. Also, an NRI selling Dubai property seeks clarity on TDS certificate. Expert explains tax implications.
Actor D. Sivakarthikeyan approaches Madras High Court against producer K.E. Gnanavelraja for non-payment of Rs 4 crore remuneration for 'Mr. Local' and TDS issues. Hearing scheduled.
As India prepares for the Union Budget 2026, experts see a historic chance to simplify TDS, boost consumption, and support manufacturing for sustainable 7%+ GDP growth in FY27. Read the analysis.
Legendary filmmaker Rob Reiner and wife Michele found dead in LA home. As Hollywood mourns, Trump's controversial 'Trump Derangement Syndrome' post ignites fury. Details on the homicide investigation inside.
Understand India's advance tax rules for FY 2025-26. Know payment deadlines, key exemptions for senior citizens & salaried, and how to avoid penal interest. Plan your taxes now.
Living in high-pollution cities? Your water purifier choice is critical. Learn the 3-step guide to match purification tech to your water quality and protect your family's health.
Livpure launches new water purifiers with 2X Power Filters lasting two years, cutting maintenance costs. Save up to ₹21,000 over eight years. Available online & offline.
Residents of Noida's Sector 100x report dangerously high TDS levels up to 1,500 ppm in tap water, causing health risks. Ganga water supply remains inadequate. Read the full report.
Livpure introduces a new 2X Power Filter water purifier range designed to slash maintenance costs by Rs 21,000 over 8 years. It tackles high TDS water and offers extended filter life. Explore the new models available now.
India's taxpayer base surged to 116.1 million in AY 2024-25, but only 8.08 million filed returns. Expanding TDS system drives growth while compliance gap widens significantly.
Income Tax refunds filed by Sept 16 are eligible for 0.5% monthly interest. Learn how to check your refund status online and the top reasons for delays. Act now to resolve issues.
Essential guide to advance tax compliance under new regime covering bank interest, capital gains, and TDS rules. Avoid penalties with expert insights.
Read how a father successfully challenged an income tax notice for TDS on ancestral property jointly sold with son. Key ITAT ruling explained.
UAE-based NRIs trading unlisted Indian shares through NRO accounts must understand critical tax implications on capital gains, TDS deductions, and DTAA benefits to avoid compliance pitfalls.