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Now no more prosecution for delayed payment of TCS if its paid by this date: Budget 2025
Budget 2025 has removed prosecution for taxpayers who failed to deposit Tax Collected at Source (TCS) despite collecting it. This is subject to the condition TCS is paid before filing the TCS return ...
The government’s move to replace the six-decade-old income-tax rules, 1962 with a new framework from April 2026 is set to ...
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