More Relief For Taxpayers, No TDS On Interest Income Till June 30

In yet another relief to taxpayers, the Central Board of Direct Taxes (CBDT) has extended the validity of forms 15G and 15H by three months to June 30, 2020 and prevent banks from deducting TDS on interest income of individuals.....

 

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TDS At 5% On Foreign Tour Packages, Remittances Abroad

Money flowing out of India is being taxed with tax deduction at source added on services like foreign tour packages and remittances as the outgoing funds flow is sought to being taxed. ....

 

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