Both TDS and TCS were kept in abeyance as the government wanted the newly launched GST, which was launched on July 01, 2017, to settle down. Representational Image: Photo: PTI Surprising industries, ...
By Badri Narayanan & Shweta Walecha After the GST regime gained momentum, the government decided to introduce TDS and TCS provisions. The GST law requires TDS to be deducted by certain specified ...
The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under GST law. As per the Central GST (CGST) Act, the ...
New Delhi, Jun 26 () The revenue department has decided to keep in abeyance GST provisions relating to reverse charge mechanism, tax deducted at source (TDS) and tax collected at source (TCS) for ...
The government has notified October 1 as the date for implementing the tax deducted at source (TDS) and tax collected at source (TCS) provisions under GST law. As per the Central GST (CGST) Act, the ...
Budget 2026 is expected to introduce major reforms including a GST-like overhaul of Customs Duty, simplified TDS rules and potential increases in standard deduction. Multiple sectors, including ...
Tax Collected at Source (TCS) is applicable at a rate of 1% for both intrastate (0.5% CGST and SGST each) and interstate (1% IGST)net taxable supplies under GST. Tax Deducted at Source (TDS) is ...
The Central Board of Indirect Taxes and Customs (CBIC) has put up a number of tweets regarding the last due date for filing GSTR returns under various categories. GST Returns: From TDS, e-commerce ...
MUMBAI: The Central Board of Direct Taxes (CBDT) has clarified that, where the recipient of a service is required to deduct tax at source (TDS) when making a payment to the supplier, the amount of TDS ...