For international investors putting money into Indian markets, understanding tax deducted at source (TDS) under Section 195 of the Income Tax Act is crucial. The provision directly affects how much tax non-residents pay on their investment returns from India. Both foreign individuals and institutions face complex rules when it comes to capital gains taxation, and […]
The Indian mutual fund market has undergone a major shift with the introduction of Section 194K under the Income Tax Act — a provision that mandates Tax Deducted at Source (TDS) on certain mutual fund earnings. For investors, understanding these rules isn’t just good practice; it’s critical to maximizing net returns and staying compliant with
Introduction In India, the taxation system has undergone significant reforms, and one of the most important provisions for the lottery industry is Section 194G of the Income Tax Act.This section deals with Tax Deducted at Source (TDS) on commissions earned from lottery tickets. For lottery agents, distributors, and operators, understanding this rule is crucial. It
The Indian real estate market is witnessing a growing interest from Non-Resident Indians (NRIs). But while investment opportunities abound, one crucial aspect demands attention — Tax Deducted at Source (TDS) on property transactions. Governed by the Income Tax Act, 1961, these rules can significantly impact your returns if not followed correctly. This guide breaks down
New Delhi: Understanding Tax Deducted at Source (TDS) on rent is crucial for both landlords and tenants in India. Under Section 194-I of the Income Tax Act, certain rental payments require mandatory TDS deductions—ensuring tax compliance and preventing evasion. If annual rent exceeds ₹2.40 lakh, TDS rules come into play, making it essential to know
