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It is provided that section 206C(1H) of the Act will not apply, if the buyer is liable to deduct TDS under any other provision of this Act on the goods purchased from the seller and has deducted such amount.

Section 206C(1H): TCS on Sale of Goods abolished by Budget 2025

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As per Budget 2025 Memo, it has been clarified that No Rebate on Special Rate Income will be given.

No Rebate on Special Rate Income: Clarification made in Budget Memo

FM Nirmala Sitharaman present the Union Budget 2025-26 in the parliament today. New slab rates has been introduced under New Tax Regime.

New Slab Rates for Financial Year 2025-26 [AY 2026-27]

NRIs expect policy changes that will meet their needs, as India prepares for the Union Budget 2025.

Budget Expectations 2025: Nine Income Tax Reforms NRIs Want

Union Finance Minister Nirmala Sitharaman is going to present the budget for FY 2025-26 on 1 February 2025, at 11 AM.

Budget 2025 Expectations: What Changes to Expect for Tax Slabs and Rates?

Current reports suggest that the Union Budget 2025-26 may introduce big tax changes. The government might exempt incomes up to Rs. 8-10 lakh from tax and create a new 25% tax slab.

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Section 206C(1H): TCS on Sale of Goods abolished by Budget 2025

No Rebate on Special Rate Income: Clarification made in Budget Memo

New Slab Rates for Financial Year 2025-26 [AY 2026-27]

Budget Expectations 2025: Nine Income Tax Reforms NRIs Want

Budget 2025 Expectations: What Changes to Expect for Tax Slabs and Rates?

Budget 2025: Tax-Free Income Up to Rs.8 Lakh, 25% Slab for Middle Class?