TDS reduced by 25%, period for filing tax returns extended- announces Union Finance Minister, Nirmala Sitharaman

TDS reduced by 25%, period for filing tax returns extended- announces Union Finance Minister, Nirmala Sitharaman

New Delhi: Finance Minister Nirmala Sitharaman has reduced the TDS by 25% on non-salaried payment. Furthermore, the due of filing tax returns has been extended until November. On Wednesday, the Finance Minister made this announcement while giving information about some portion of the total package worth 20 lakh crores. This decision regarding TDS and TCS […]

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One lakh shell companies de-registered in current fiscal year: Government

One lakh shell companies de-registered in current fiscal year: Government

New Delhi: The central government informed in a Lok Sabha session that one lakh shell companies had been de-registered so far in the current financial year. The Corporate Affairs Ministry said the action was taken under the government’s drive to arrest misappropriation and money laundering. The government has undertaken the drive to curb black money […]

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