Go Unlimited with Magzter GOLD
Get unlimited access to 9,500+ magazines, newspapers and Premium stories for just
Try GOLD - Free
Budget may see rationalisation of TDS, TCS rates
The New Indian Express Mangaluru
|January 10, 2025
Govt to provide ₹35k cr LPG subsidy to fuel retailers
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.
This story is from the January 10, 2025 edition of The New Indian Express Mangaluru.
Subscribe to Magzter GOLD to access thousands of curated premium stories, and 9,500+ magazines and newspapers.
Already a subscriber? Sign In
MORE STORIES FROM The New Indian Express Mangaluru
The New Indian Express Mangaluru
EAM, Rubio hold wide-ranging discussion
EXTERNAL Affairs Minister S Jaishankar and US Secretary of State Marco Rubio on Monday held their first in-person meeting ever since Washington imposed steep tariffs on key Indian exports over New Delhi's continued purchases of Russian oil.
1 min
September 23, 2025
The New Indian Express Mangaluru
Dasara a heartbeat, gives message of harmony: Banu
MYSURU Dasara is not just a festival, but the very heartbeat of the land.
1 min
September 23, 2025
The New Indian Express Mangaluru
Passenger tries to open cockpit door on AI flight
A passenger on an Air India Express flight (IX-1086) from Bengaluru to Varanasi on Monday attempted to enter the aircraft’s cockpit, claiming that he tried to open it by mistake as he is a first-time flyer and was looking for the toilet, sources said.
1 min
September 23, 2025
The New Indian Express Mangaluru
Survey faces tech snags, gets off to slow start
HICCUPS GALORE
1 mins
September 23, 2025
The New Indian Express Mangaluru
GST 2.0 kicks in, sees festive buying rush
Car showrooms, retail outlets, online platforms witness record sales on Day 1
1 mins
September 23, 2025
The New Indian Express Mangaluru
2.8L Indian jobs on the line as Trump slaps $1L H-1B fee
THE Trump administration on Saturday imposed a fee of $1,00,000 per year on each H-1B visa holder, dealing a body blow to the 2,83,397 (71%) skilled technology workers from India, as per 2024 data.
2 mins
September 21, 2025
The New Indian Express Mangaluru
State forms SIT to probe Aland ‘voter deletions’
THE state government on Saturday formed a Special Investigation Team (SIT) to probe the alleged attempt to delete 6,018 names from the voters’ list in the Aland constituency of Kalaburagi district, ahead of the 2023 Assembly elections.
1 min
September 21, 2025
The New Indian Express Mangaluru
Stunned techies scramble to US, scrap fly out plan
THE abrupt announcement by the US to levy an annual fee of 788.13 lakh on H1-B visa holders from September 21, with a mere 36-hour window, stunned Indian techies living in the US as well as those planning to visit the country.
1 min
September 21, 2025
The New Indian Express Mangaluru
Sports can no longer be a tool of diplomacy?
OVER the last few months, there has been a growing clamour for the Indian cricket team to refuse to play Pakistan and it grew before their first match in Asia Cup group stage.
1 min
September 21, 2025
The New Indian Express Mangaluru
Vokkaliga seers want caste survey deferred
EVEN as Chief Minister Siddaramaiah stuck to his guns of conducting the Socioeconomic and Educational Survey, known as caste survey, from Monday, the Vokkaliga community leadership, including Adichunchanagiri Mutt head Sri Nirmalanandanatha Swamiji and Union Minister HD Kumaraswamy, here on Saturday issued a warning to the government, saying the survey is being carried out hastily for only fifteen days without addressing grievances of the community.
1 min
September 21, 2025
Listen
Translate
Change font size