AY 2022-23 Archive

Latest Posts

Section 194Q of the Income Tax Act

Section 194Q: Applicability, non-applicability, rate, and example

Last year from 1st July 2020, the government had introduced a new TCS provision u/s 206C(1H). This section was for “seller of goods” on receipts/advance from/for sale of goods, exceeding Rs. 50 Lakhs as a consideration during the financial year. Section
TDS Rates For FY 2021-22

FY 2021-22: TDS section, nature of payments, threshold, and applicable TDS rates

TDS Rates For FY 2021-22 has changed and will apply for the whole year (subject to any change by the government)
TCS Rates For FY 2021-22

FY 2021-22: Challan Code, nature of receipts, and applicable TCS rates

TCS Rates For FY 2021-22 have changed and will apply for the whole year (subject to any change by the government)
TDS and TCS Rates For FY 2021-22

FY 2021-22: Applicability of TDS/TCS Rate and Threshold

In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
TDS and TCS Rates For AY 2022-23

AY 2022-23: Applicability of TDS/TCS Rate and Threshold

In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
TDS and TCS Rates applicable from 1st April 2021

FY 2021-22: Applicability of TDS/TCS Rate and Threshold from 1st April 2021

In FY 2020-21, the government has announced a package of Rs. 20 Lakhs crore in which TDS rates were revised and cut by 25%. For this, the effective dates were 14 May 2020 and it remained applicable till 31st March 2021.
Income Tax Changes From April 2021

These Income Tax rules will change from April 2021

In Budget 2021, FM Smt. Nirmala Sitharaman has left personal Income Tax Rates unchanged, however, it comes with some other changes in Income Tax that will help ease the compliance for taxpayers. Here are the Some Income Tax Changes From April
income tax changes in budget 2021

Some Important Income Tax Changes in Budget 2021

FM Smt. Nirmala Sitharaman did not announce any changes in the Income Tax slab but have changed some rules to help ease of compliance for taxpayers.