The Union Budget 2026 may not offer big-ticket tax breaks like last year, but it introduces a series of targeted measures that will directly affect middle-class taxpayers. While some provisions offer ...

The Central Board of Direct Taxes (CBDT) has issued a notification specifying the list of luxury goods on which tax collected at source (TCS) will be levied. The CBDT has issued two notifications in ...

June 2026 brings key Income tax Act 2025 deadlines for TDS, TCS and reporting, with major dates on June 7, 14 and 15 for ...

The Budget has proposed to reduce the tax collected at source (TCS) for self-funded education and medical purposes abroad under the liberalised remittance scheme from 5% to 2%. However, the TCS rate ...

Can you get a refund on TCS (Tax Collection at Source) on the car that you had purchased? TCS is levied if the sale value of the motor vehicle exceeds ₹10 lakh. The government levies a 1% TCS on the ...

May tax deadlines: As the new financial year gathers pace, May 2026 brings a series of key tax deadlines that taxpayers cannot afford to miss. Experts are urging individuals and businesses to stay ...

May 2026 brings key income tax deadlines, including TDS and TCS payments, quarterly filings, and certificate issuance.

Did our AI summary help? If you’ve bought a car priced above Rs 10 lakh in recent years, you may remember the final bill being slightly higher than expected. The dealer would have added 1 percent ...