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Budget may see rationalisation of TDS, TCS rates

January 10, 2025

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The New Indian Express Tirupati

Govt to provide ₹35k cr LPG subsidy to fuel retailers

- DIPAK MONDAL @ New Delhi

THE Union Budget this year may rationalize the tax deducted/collected at source - TDS and TCS - provisions, according to people who have been in consultation with the finance ministry. The myriad rates of TDS/TCS have been a sore point for industry and taxpayers, and the finance ministry seems to be on the same page with the industry on the issue, sources told TNIE.

There have been calls for simplification of TDS/TCS as there are various rates - ranging from 0.1% to 10% -- at which taxes are deducted or collected at source.

المزيد من القصص من The New Indian Express Tirupati

The New Indian Express Tirupati

Graced & loved by God: Zim bros’ tale

“GRATEFUL! is the word Tadi-wanashe Marumani uses whilst talking about being a part of the Zimbabwe team that has reached the Super 8s of ongoing World Cup.

time to read

2 mins

February 26, 2026

The New Indian Express Tirupati

Akhilesh gets into poll mode, engages I-PAC for ’27 battle

WITH UP Assembly elections due early next year, the main opposition Samajwadi Party, led by Akhilesh Yaday, is learnt to have roped in leading political consultancy firm I-PAC to design and execute the party’s campaign strategy to challenge the ruling BJP.

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

Tax on residential, commercial development

THE Brihanmumbai Municipal Corporation (BMC) on Wednesday tabled its 2026-27 budget worth %80,952.56 crore, marking an 8.77% increase against the last year’s budget estimate of %74,427.41 crore.

time to read

1 mins

February 26, 2026

The New Indian Express Tirupati

No permanent teacher for MP tribal univ despite funds

NINETEEN months after it was established in the tribaldomi- nated southwestern Madhya Pradesh, the Krantisurya Tantia Bhil University in Khargone has 25,000 students, but no permanent teaching faculties.

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

Bodo/Glimt sink Inter to maintain fairytale run

NORWAY’S Bodo/Glimt pulled off one of the most remarkable results in modern Champions League history on Tuesday, beating last season’s runners-up Inter Milan 2-1 at San Siro to reach the last 16 with a 5-2 aggregate triumph, while Newcastle United, Atletico Madrid and Bayer Leverkusen also went through.

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

DoT issues show-cause notice to BSNL director after Prayagraj visit row

THE Department of Telecommunications has issued a show-cause notice to BSNL Director Vivek Banzal after a row over the protocol assigned to him for a visit to Prayagraj.

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

The New Indian Express Tirupati

Champai Soren's grandson found dead in Manali

VEER

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

Oil, sanctions, tariff: India-Russia trade rewired after Ukraine conflict

INDIAS crude oil imports from Russia have eased in recent weeks, but the broader trade realignment forged after the Ukraine conflict remains structurally intact.

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

Regular meets must for FRA implementation

TAKING note of inadequate implementation of the Forest Rights Act (FRA) in providing titles to forest dwellers, the tribal affairs ministry has told states to conduct regular meetings at the sub-divisional, district, and state levels to expedite the process of granting titles and submit quarterly reports.

time to read

1 min

February 26, 2026

The New Indian Express Tirupati

Ctrl+C, Ctrl+Pass: ChatGPT finally clears Class 12 boards in Gadchiroli

ALL year, students are drilled on exam discipline — no slips of paper, no looking at neighbour’s paper, no hushed exchanges.

time to read

1 mins

February 26, 2026

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