New Delhi, Jun 26 () With just 4-days left for GST rollout, the government has deferred implementation of TDS and TCS provisions as well as exempted from registration small businesses selling on ...

The Ministry of Finance has delayed the provisions related to TDS (Tax deducted at source) and TCS (Tax collected at source) for ecommerce players. The move is made in a bid to ensure the smooth ...

The GST Council may consider a proposal to make biometric check must for all new registration. It is also likely to recommend cutting TCS (Tax Collected at Source) rate to half on e-commerce operators ...

The central government has finally rolled out the onerous tax collected at source (TCS) provisions on Thursday (September 14) which was kept in suspension since the introduction of GST in July 2017.

Mumbai: Top Information Technology (IT) companies including Tata Consultancy Services (TCS), Infosys, Tech Mahindra and LTI Mindtree have been slapped with over two dozen GST penalty and tax demand ...

The best way to ensure you don’t face GST notice or scrutiny is simple: keep your outward liability, inward tax/ITC, and third-party data (2A/2B, e-way bill, TCS, imports) aligned. Below are the most ...

Finance Minister Nirmala Sitharaman will unveil the Interim Budget for the financial year 2024-2025 (FY25) on February 1, 2024, which is likely to keep the focus on fiscal consolidation and nominal ...

Online retailers Flipkart, Snapdeal and Amazon on Thursday (February 09) came together to raise concerns about the tax collection at source (TCS) clause under draft model GST law, saying it could ...

TCS is the tax collected by the seller from the buyer It isn’t an additional tax You can claim it back while filing ITR Do you know that from October 1, the Government of India (GOI) will levy 20 per ...

The Goods and Services Tax (GST) regime, slated to be rolled out from April 1, 2017, should ensure that issues like complex billing and invoicing requirements and reverse charge on import of services ...