Under the income tax law, a tenant who is living in a property and paying a rent of Rs 50,000 for it, he must deduct TDS of 2 ...

With the components Comprehensive Tax Reform Package (CTRP) gradually unfolding, it can be overwhelming for taxpayers to note the changes directly affecting them. With the signing of the CREATE MORE ...

People in Wales are bracing for a huge hike in household water bills, marking one of the steepest rises across the UK. On ...

The Ofgem energy price cap is due to rise by 6.4% starting from April. As a result, the average dual fuel household choosing ...

As the new financial year begins on April 1, 2025, several key money rule changes will take effect, impacting income tax, TDS, TCS, rental income, and GST compliance.

The surprise tax cut in the budget will make the lowest income tax rate 14 per cent from 2027, but the concessional rate on ...

Citizens Advice said those on the lowest incomes were ‘already stretched to breaking point’ even before ‘awful April’ bill ...

Taxpayers claiming HRA exemptions but failing to deposit TDS on rent are receiving Income Tax Department notices. Under ...

The landlord’s PAN must be mentioned in the TDS challan. However, if the PAN is missing or inactive, the TDS is levied at 20% under Section 206AA. On the other hand, for Non-Resident Indian (NRI) ...

Millions of households will see a jump in their annual council tax bills from April 1 with most local authorities in England ...

“Medical scheme tax credits play a vital role in sustaining South Africa’s healthcare ecosystem. They help sustain private medical scheme membership, reduce strain on public healthcare resources and ...