New Delhi, Feb 1 (PTI) Finance Minister Nirmala Sitharaman on Saturday proposed to increase the threshold of tax collected at source (TCS) on remittances under the RBI’s Liberalized Remittance Scheme to Rs 10 lakh from the existing Rs 7 lakh to give
New Delhi, Jan 24 (PTI) The Supreme Court on Friday refused to entertain a PIL seeking scrapping of TDS (tax deducted at source) framework under the Income Tax Act, saying this is levied “everywhere”. A bench comprising Chief Justice Sanjiv Khanna and
New Delhi (PTI) A PIL filed in the Supreme Court on Thursday sought to scrap the TDS system calling it “arbitrary and irrational” and violative of various fundamental rights, including equality. The PIL challenged the tax deducted at source or TDS framework